🟢 VIX Futures ETF (UVXY) is trading 2.19% up in pre-market despite falling VIX; catalyst remains unclear

UVXY is trading at $17.76, up 2.19% in pre-market, though the precise catalyst is unclear amid conflicting market signals. - Asian equities fell, with South Korea’s KOSPI down 3.61%; WTI was near $103.85, adding geopolitical and inflation concerns. - A market report showed VIX down 7.75% to 18.44 and VIX futures at 18.670, conflicting with UVXY’s pre-market rise.