Investors Withdraw $11.7M from VIX ETFs as Volatility Index Slips
Exchange-traded funds tied to Cboe Volatility Index derivatives experienced $11.7 million in redemptions on Thursday, trimming total assets in VIX-focused funds to $2.33 billion. The VIX index fell 6.3% to 15.84 points in the prior session, after trading between 22.66 and 15.53 points over the last month.