ProShares Ultra VIX Short-Term Futures ETF (UVXY) has lost about 75% of its value over the past year, even as the VIX index remained stable around 17.28. This steep decline is driven by a 0.95% annual fee, daily leverage reset that compounds losses, and the cost of rolling short-term VIX futures in contango. UVXY is designed for short-term trading, not long-term holding, as its structure causes value decay over time. Investors seeking volatility exposure might consider alternatives like the unleveraged VIXY ETF or options strategies to avoid these hidden costs and structural decay.
Zealthy has broadened its insurance coordination program to assist patients prescribed GLP-1 weight-loss medications like Wegovy and Ozempic. The expanded service helps with insurance verification, prior authorizations, and coverage communications, a...
Markets are rallying as investors anticipate potential Federal Reserve rate cuts later in 2026, boosting equities, cryptocurrencies, and other risk assets. QuantRate has introduced a free AI-powered quant trading bot to help retail investors access a...
China's 15th Five-Year Plan (2026-2030) focuses on innovation, resilience, and quality growth, aiming to lead in sectors like quantum computing and 5G. Former EU economist Rudy Aernoudt highlights China's clear, unified long-term planning approach as...
XRP withdrawal transactions on Binance reached 53.8% on June 23, the highest since June 2024, while deposits fell to 46.1%, the lowest in about two years. Withdrawals have exceeded deposits for seven consecutive days, indicating a sustained shift in ...
Fortitude Mining Holdings, a Zcash cryptocurrency miner, will become a public company through an all-stock merger with HeartSciences, a Nasdaq-listed firm. The deal allows Fortitude to bypass a traditional IPO and trade under the ticker TUDE, with Fo...
