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WTF Chart Of The Day: VIX-Selling Frenzy Erupts As Stocks Sink

There's "buying-the-dip"... and then there's this!!! After a couple of days of volatility in stocks, prices falling and VIX rising, 'investors' - if that's what one calls them - have decided to pile back into one ETF in a size that is utterly unprecedented. They’ve poured a record $520 million into an exchange-traded note that gains when VIX drops... With the number of shares outstanding jumping to levels not seen since September.
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