FYI: Although it cannot be compared to April, which saw 50 iPath ETNs close or delist, June will be having its own little storm of ETN shutdowns. UBS is closing five ETRACS and three VelocityShares ETNs.
The eight products will see their last day of trading on June 25. The notes, their tickers and their assets under management are as follows:
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/coming-wavelet-etn-closures
