🔴 Leveraged Volatility ETF (UVIX) is trading 2.18% down today as near-term VIX futures retreat

UVIX is trading at $38.21 (-2.18%) as near-term VIX futures ease while U.S. equities rally, reducing demand for leveraged volatility exposure.

• Cboe showed the VIX near $15.00; September VIX futures were approximately 0.02% lower during trading.
• Stronger services activity, softer Treasury yields, and improving risk appetite are offsetting geopolitical and oil-price concerns.