🟢 Leveraged Volatility ETF (UVIX) is trading 3.15% up in pre-market as softer U.S. futures revive hedging demand

UVIX is trading at $45.45, up 3.15% from the $44.06 August 19 close as softer U.S. equity futures revive volatility hedging demand.

• S&P 500, Nasdaq and Dow futures are lower; volatility benchmarks remain subdued near 14.89.
• Treasury’s expanded long-bond buyback plan has eased yields and limited the risk-off impulse.
• Traders await August 20 jobless claims and the Philadelphia Fed manufacturing report; both can move rates and implied volatility, while the move appears macro-driven, not UVIX-specific.