It Begins—Two Ultra-Levered Oil ETFs Blow-Up And Die

The WisdomTree Brent Crude Oil 3x Daily Leveraged and the WisdomTree WTI Crude Oil 3x Daily Leveraged products will both be terminated “due to an extreme adverse move in oil futures,” according to a notice on the issuer’s website……

 

 

 

 

https://www.bloomberg.com/news/articles/2020-03-10/two-leveraged-oil-products-to-shut-down-in-wake-of-epic-crash