🟢 UVIX is trading 6.1% up today amid a broad risk-off shift in U.S. equities

UVIX is trading at $3.69 (+6.1%) as a broad risk-off shift in U.S. equities drives a rebound in volatility products.

• The move follows a tech-led selloff, with the NASDAQ down 0.86% and the S&P 500 down 0.56% as pressure builds on AI-linked names and semiconductors.
• As a 2x long VIX futures ETF, UVIX is designed to provide leveraged exposure to increasing market volatility expectations.