Volatility Exchange Traded Products (ETPs) have undergone a lot of changes in the last year or so. Following the after-hours spike in the VIX Index on February 5, 2018, four VIX products have been liquidated and two deleveraged. Credit Suisse liquidated XIV, Nomura terminated 2049:JP, REX Shares shuttered both their offerings VMAX and VMIN; and ProShares deleveraged both SVXY and UVXY. While you may not have ever heard of some of these products, XIV and SVXY had been two of the most popular and liquid VIX linked ETPs in existence. But liquidation and deleveraging