VelocityShares 3x Inverse Silver ETN Linked to the S&P GSCI Silver Index ER
DSLV
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Oct 14, 2011
- Similar Companies
- Business
- VelocityShares 3x Inverse Silver ETN Linked to the S&P GSCI Silver Index ER (DSLV) is an exchange-traded note that seeks to deliver three times the inverse daily performance of the S&P GSCI Silver Index Excess Return, which tracks silver futures contracts through short positions in the commodity markets. Issued by Credit Suisse AG Nassau Branch, the ETN provides leveraged inverse exposure to silver price movements for investors seeking to profit from declines in silver futures; it matures on October 14, 2031, and trades on U.S. exchanges under the ticker DSLV. The product targets sophisticated investors and traders focused on commodities derivatives, with operations domiciled in Switzerland and headquartered through Credit Suisse AG in Zurich. The ETN, launched on October 14, 2011, under the VelocityShares brand, offers a single core product centered on leveraged inverse silver exposure without physical backing, distinguishing it from spot ETFs. Credit Suisse AG, the issuer and a global investment bank, manages the note's daily resets and collateralized obligations, with no named subsidiaries specific to this ETN. In June 2020, Credit Suisse AG announced its intent to delist the DSLV ETN from Nasdaq and suspend further issuances, aligning its product suite with strategic growth plans amid a broader reduction in highly leveraged commodity ETNs including UGLD, USLV, and others. This operational change followed the 2014 acquisition of VelocityShares' parent by Janus Capital Group and preceded Credit Suisse's 2023 acquisition by UBS AG, though the ETN's trading status reflects limited liquidity post-delisting announcement. No recent partnerships, funding rounds, new launches, or reorganizations specific to DSLV have been reported since 2020, with the product now largely inactive per multiple tracking databases.