iPath Series B S&P 500 VIX Short-Term Futures ETN
VXXB
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jan 17, 2018
- Similar Companies
- Business
- iPath Series B S&P 500 VIX Short-Term Futures ETN (VXXB) is an exchange-traded note that provides exposure to the S&P 500 VIX Short-Term Futures Index Total Return; this index tracks a portfolio of first- and second-month VIX futures contracts rolled daily to maintain a constant weighted average maturity of one month. Issued by Barclays Bank PLC, the ETN offers investors leveraged access to expected volatility in the S&P 500 Index without direct futures trading; it matures on January 30, 2048, and is listed on the NYSE Arca. VXXB targets institutional and retail investors seeking short-term volatility hedging or speculation; it operates globally through U.S. exchanges with no physical geographic footprint beyond issuer headquarters in London, United Kingdom, where Barclays was founded in 1690. The ETN's core offerings include daily indicative value calculations based on index performance; redemption features for authorized participants in blocks of 25,000 units; and daily fee accruals of 0.89% annually deducted from the index return. Barclays structures VXXB as part of its iPath series of commodity and volatility ETNs; no subsidiaries are involved, as it falls under the broader Barclays iPath ETN platform. Recent developments include the transition from the original iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) to VXXB in 2018 to align with updated prospectus terms and enhance liquidity; in 2023-2024, Barclays announced optimizations to the iPath ETN suite amid rising volatility trading volumes, including accelerated redemptions and index methodology tweaks for better futures roll efficiency. No major acquisitions or funding rounds apply, as VXXB is an unsecured debt obligation of Barclays; ongoing strategic focus remains on expanding volatility product accessibility amid market turbulence in 2025.