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flag Investors heavily bought put options on European financial ETFs, signaling bearish market sentiment.

flag Investors bought a large number of put options on the iShares MSCI Europe Financials ETF (EUFN), with trading volume spiking 3,188% compared to usual. flag The ETF tracks European financial stocks and saw its shares rise to $28.81 midday Wednesday with a market cap of $3.04 billion. flag Meanwhile, put options on the Vanguard FTSE Europe ETF (VGK) also saw a notable 479% increase in trading volume, indicating potential bearish sentiment among traders.

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