Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF

I see a challenge with the class action suits when all firms

[AHybridofStreetandStocksmarts]

using VIX products engaged in a similar practice of selling the new units even though they were worthless at one point.  Receiving new cash allowed them to invest later that brought some value to their funds.  This means that new investors who bought  HVI between $1.70 to $2.3 should do OK in the long run unless there is another wipeout down the road.  Can you imagine HVI going back up to $24 in 2-3 years? I can wait...

[metakit1]

It has nothing to do with what all the other firms do. It has everything to do with Horizon’s prospectus and it’s accuracy. Full recourse will be had for Horizon’s HVI holders.