Latest News for SVXY

Silver fell towards $58.50 an ounce on Friday as a modest rebound in the US dollar prompted traders to trim positions after two sessions of gains. The metal was down about 0.8% at $58.52 in early trade, snapping a brief recovery that followed the Federal Reserve's decision to keep interest rates unchanged.

The ProShares Short VIX Short-Term Futures ETF is rated Hold due to limited near-term upside and high tactical risk. SVXY is best used as a short-term trading instrument after significant volatility spikes, not as a long-term holding. Current macroeconomic uncertainty, upcoming economic data, and potential Fed actions make precise timing for SVXY especially challenging.
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