🔴 VIX Futures ETF (UVXY) is trading 2.19% down as VIX fell 7.75% to 18.44

UVXY is trading at $17.00 (-2.19%) as easing volatility weighed on the ETF.

• The VIX fell 7.75% to 18.44, while near-dated futures remained comparatively firm.
• Major U.S. indexes were mostly higher in mixed trading, consistent with less demand for short-term volatility protection. Weak housing starts and Middle East tensions remain risks, but available evidence points to easing volatility—not a fresh spike—as the main explanation.