Volatility ETFs Spike as Facebook Earnings Send Markets Reeling
The CBOE Volatility Index and VIX-related exchange traded funds jumped on Thursday after Facebook parent Meta Platforms’ weak outlook fueled risk-off selling in U.S. equities. Among the best-performing non-leveraged ETFs of Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 9.9% and the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) […] Read more at ETFtrends.com.