What is ProShares Ultra VIX Short-Term Futures ETF (UVXY)? Price, exchange, project and general information

What is ProShares Ultra VIX Short-Term Futures ETF (UVXY)?

The ProShares Ultra VIX Short-Term Futures ETF cryptocurrencie coin is a security that tracks the performance of the S&P 500 VIX Short-Term Futures Index.

The Founders of ProShares Ultra VIX Short-Term Futures ETF (UVXY) token

The founders of ProShares Ultra VIX Short-Term Futures ETF (UVXY) are Jay Ritter, Anthony Pompliano, and Dan Nathan.

Bio of the founder

Tyler Winklevoss is the co-founder of the ProShares Ultra VIX Short-Term Futures ETF (UVXY). He is also the founder of Gemini, a digital asset exchange.

Why are ProShares Ultra VIX Short-Term Futures ETF (UVXY) Valuable?

UVXY is a valuable investment because it provides exposure to the volatility of the S&P 500 Index. This exposure allows investors to benefit from short-term price movements while limiting their risk.

Best Alternatives to ProShares Ultra VIX Short-Term Futures ETF (UVXY)

1. ProShares UltraShort VIX Short-Term Futures ETF (SVXY)
2. ProShares UltraShort VIX Mid-Term Futures ETF (UVMM)
3. ProShares UltraShort VIX Long-Term Futures ETF (UVXL)
4. Direxion Daily Gold Miners Bull 3X Shares (GDX)
5. Direxion Daily Gold Miners Bear 3X Shares (GLD)

Investors

The Ultra VIX Short-Term Futures ETF (UVXY) is a leveraged investment vehicle that seeks to provide exposure to the volatility of the S&P 500 Index. The fund is designed to provide short-term investors with a means of hedging their exposure to market volatility.

On July 26, 2017, ProShares announced that it would be liquidating its Ultra VIX Short-Term Futures ETF. As a result, investors who had invested in UVXY were left with an investment that was no longer available for trading or redemption.

Why invest in ProShares Ultra VIX Short-Term Futures ETF (UVXY)

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) invests in futures contracts on the S&P 500 VIX Short-Term Futures Index. The fund seeks to provide investment results that correspond to the performance of the S&P 500 VIX Short-Term Futures Index.

ProShares Ultra VIX Short-Term Futures ETF (UVXY) Partnerships and relationship

UVXY is a partnership between ProShares and CBOE. UVXY is a short-term futures ETF that invests in options on S&P 500 index futures. The CBOE option exchange is the primary venue for trading UVXY options. The CBOE option exchange provides liquidity and broad market exposure to UVXY options. ProShares and CBOE share responsibility for the management of UVXY.

Good features of ProShares Ultra VIX Short-Term Futures ETF (UVXY)

1. The ETF offers investors the ability to gain exposure to volatility through short-term futures contracts.

2. The ETF has low expense ratios, making it a cost-effective way to gain exposure to volatility.

3. The ETF is actively managed, which gives it the ability to take advantage of opportunities in the market that other funds may not be able to do.

How to

To invest in ProShares Ultra VIX Short-Term Futures ETF, you will need to purchase a share of the ETF. The share price for UVXY is currently $14.92 per share.

How to begin withProShares Ultra VIX Short-Term Futures ETF (UVXY)

To begin investing in ProShares Ultra VIX Short-Term Futures ETF, you will need to create an account with ProShares. Once you have an account, you can deposit funds into your account and purchase UVXY.

Supply & Distribution

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is a exchange-traded fund that tracks the performance of the ProShares Ultra VIX Short-Term Futures Index. The ProShares Ultra VIX Short-Term Futures Index is a basket of futures contracts that expire within one month.

Proof type of ProShares Ultra VIX Short-Term Futures ETF (UVXY)

The Proof type of ProShares Ultra VIX Short-Term Futures ETF is a security.

Algorithm

The algorithm of ProShares Ultra VIX Short-Term Futures ETF (UVXY) is a derivative pricing algorithm that uses volatility data from S&P 500 options to calculate the price of the fund’s underlying securities.

Main wallets

The main ProShares Ultra VIX Short-Term Futures ETF (UVXY) wallets are brokerage accounts and digital asset platforms.

Which are the main ProShares Ultra VIX Short-Term Futures ETF (UVXY) exchanges

The main ProShares Ultra VIX Short-Term Futures ETF (UVXY) exchanges are the New York Stock Exchange (NYSE) and the Chicago Board Options Exchange (CBOE).