VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) is in a two-day meltdown because the premium to net asset value is snapping back sharply after surging as high as 90% earlier in the week.

This article was originally published on ETFTrends.com. At 8:15 this morning (June 22nd), Credit Suisse AG announced they were getting out of the ETN business. But the way they've done it is the way ...

Traders are dumping capital into the 2x VIX futures tracker as fast as TVIX can burn it up Everyone loves a good underdog story, and Wall Street investors are of course no exception -- but in the case ...

The VelocityShares Daily 2X VIX Short ETN (NYSEArca:TVIX - News) plunged more than 30 percent yesterday, as the product—which had been trading at a substantial premium to its underlying net asset ...

For investors who don't sit in front of flashing green/red screens, the curious case of TVIX serves as a valuable lesson in the risks of buying exchange-traded products. On February 22, securities on ...

UPDATE: TVIX is currently down over 25%, trading near $10.42. Volatility ETNs have become favorite targets for critics of the exchange-traded products business. Looking at the action in the ...

TVIX offers leveraged exposure to an index which has delivered a negative 53% annualized return for the last decade. The VIX is currently above 20 and history suggests selling volatility at these ...

The mystery over the plunging TVIX, a volatility product that lost 30 percent Thursday and is plunging again Friday, has traders in a tizzy, with an after-hours announcement only jumbling the puzzle.

TVIX is heavily exposed to roll yield in a market which is largely caught in contango, which is why its price continues to drop. The market recently hit new highs which bodes poorly for long ...