Miami International Holdings in partnership with T3, have just announced the launch of two new ETFs. The funds are, the ConvexityShares 1x SPIKES Futures ETF (SPKX) and the ConvexityShares Daily 1.5x SPIKES Futures ETF (SPKY). Both ETFs will offer exposure to the volatility of the SPDR S&P 500 ETF Trust (SPY) as well as the SPIKES Future Short-Term Index.
ETF Newz Says:
The ETFs use SPIKES Futures contracts to calculate the daily moving position and in turn offer exposure to the contracts.
