🔴 Leveraged Volatility ETF (UVIX) is trading 2.8% down today as equity futures rebound

UVIX is trading 2.8% lower as S&P 500, Nasdaq, and Dow futures rebound, reducing demand for volatility hedges.

• The VIX was lower near 15.72, reinforcing the decline in short-term volatility expectations.
• Treasury yields above 5.25% and Middle East tensions remain risks.
• No major scheduled macro release is forcing additional selling on August 21, 2026.