VelocityShares Debuts Leveraged Precious Metals ETNs

Business Insider reported VelocityShares is now offering a palladium ETN, in addition to other precious metals ETNs.

As quoted in the market news,

VelocityShares, the issuer behind several popular ETNs linked to volatility-based indexes, made a big expansion to its product lineup this week with the launch of eight notes offering leveraged exposure to various precious metals. The new additions include both long and inverse offerings covering gold (3x), silver (3x), platinum (2x), and palladium(2x).

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