UVIX is trading 2.1% up as demand for volatility hedges rises amid geopolitical tensions and renewed interest rate concerns.
- The 2x leveraged VIX futures ETF is gaining as equity volatility stabilizes following a sharp selloff previously driven by softer June CPI data and fading tightening fears.
- Major indices and technology stocks remain under pressure, lifting VIX futures as investors seek protection against potential market turbulence.