UVIX is trading at $37.51 (-5.2%) as easing volatility expectations appear to be driving the decline. - The supplied alert reports VIX futures down 0.26 points to 18.5, alongside rebounding U.S. equity futures, pointing to reduced demand for volatility exposure after last week’s selloff. - Investors remain concerned about debt-financed AI infrastructure and rising borrowing costs, which weighed on technology shares last week. - No major U.S. economic release is scheduled before the open, making the futures reversal the immediate catalyst.