These 2x and 3x ETFs frequently do reverse splits. That's not always reflected well on price charts. TVIX will lose value and get from where it is now into the single digits over the course of a couple of months when the selling in the market stops. Then it will do like a 6 for 1 reverse split.I'm not going to dip my toes in there now, but I wish I knew about TVIX before it exploded.
It was at 41.73 earlier in February. Bruh, imagine if I had bought 100 shares of that and then dumped it at 969.36. I would have made 92,763 off it. Just crazy...