The ETN has gathered inflows of more than $900 million in the third quarter despite its price decline as investors look for ways to hedge a potential pullback in stocks. [VIX ETF Sees Nearly $1B Quarterly Inflow]
VXX and other volatility-linked products are designed to track futures contracts based on the CBOE Volatility Index, or VIX.
Earlier this month, ProShares Ultra VIX Short-Term Futures ETF (NYSEArca: UVXY) conducted a 1-for-10 reverse split. [UVXY Reverse Split]
iPath S&P 500 VIX Short Term Futures ETN
