other material
confidence high
sentiment neutral
materiality 0.30
Volatility Shares terminates Penserra as sub-adviser for UVIX and SVIX ETFs
VS Trust
- Effective Sept 16, 2024, sponsor Volatility Shares LLC will provide day-to-day portfolio management directly.
- Penserra Capital Management LLC terminated as commodity sub-adviser for both funds.
- Affected ETFs: 2x Long VIX Futures ETF (UVIX) and -1x Short VIX Futures ETF (SVIX).