UVIX is trading 0.1% higher today as traders maintain demand for volatility exposure ahead of the FOMC Minutes release and amid ongoing Russia-Ukraine tensions.
- The 2x leveraged VIX futures ETF is edging higher while major U.S. indices open lower, reflecting increased risk hedging across the market.
- Implied volatility remains supported by geopolitical uncertainty and anticipation of the Federal Reserve's policy insights scheduled for 14:00 EST.