Inverse oil ETF SCO drew $977 million in March as traders bet on a price drop
The source says investors made the fund’s largest monthly inflow on record while many bets against war-driven oil highs are now losing money.
Summary
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Terms & Concepts
- Inverse ETF: An exchange-traded fund designed to rise when the tracked asset or index falls.
- Leveraged bet: A position that uses borrowed exposure or amplified fund structure to magnify gains and losses.
- ETF: An exchange-traded fund is a market-traded investment vehicle that holds assets or tracks an index.