Leveraged Oil ETFs Could be Seen Again

MarketsETF Trends

Last month, Credit Suisse shocked the exchange traded products world by announcing that it would shutter the VelocityShares 3x Long Crude ETN (NYSEArca: UWTI) and the VelocityShares 3x Inverse Crude (NYSEArca: DWTI). As of Nov. 28, UWTI and DWTI had $1.5 billion and $176 million in assets under management, respectively. In either case, those are…Click to read more at ETFtrends.com.

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