Some investors are creeping back to the “short vol” trade that wiped out several financial instruments earlier this week, betting that stock market volatility will fall once again.
More than $200m has flowed into an exchange-traded fund that narrowly survived the week’s upheaval.
The ProShares Short VIX Short-Term Futures ETF, known as SVXY, allows investors to bet on a decline in the Vix volatility index, Wall Street’s “fear index”. It lost 90 per cent of its value on Monday, but enjoyed renewed inflows of $71.7m on Tuesday and another $135.6m on Wednesday, according to Bloomberg data.
您已閱讀21%（591字），剩余79%（2226字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。