Back in 2012, during the height of market volatility, the Financial Industry Regulatory Authority warned investors that an ETN’s indicative price could differ “sometimes significantly” from the market value. [TVIX Washout Raises Questions Over ETNs]
According to Bloomberg data, ETN assets rose to $22.1 billion this year, up 37%. There are 208 U.S.-listed ETNs on the market.
For more information on exchange traded notes, visit our ETNs category.
