🔴 Trading--Miscellaneous ETF (UVXY) is trading 2.22% down as volatility demand eases after Thursday’s selloff

UVXY is trading at $16.09 (-2.22%) as volatility demand eases while markets recover from Thursday’s selloff.

• The VIX fell 2.43% to 16.46 as index volatility eased.
• Hot inflation and rate concerns remain a backdrop, while Thursday’s late equity rebound helped unwind some of the volatility spike.
• Friday’s mixed index moves suggest pressure is not a uniform broad-market rally; no distinct UVXY-specific catalyst is evident.