Volatility products have also come under fire following the recent meltdown in VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) after its premium collapsed.
TVIX rallied 8.8% on Tuesday. It is up 23.3% for the past five trading sessions, while VXX has gained 13.5%.
iPath S&P 500 VIX Short-term Futures ETN
