The UVIX ETF, which offers 2x leveraged exposure to VIX futures, surged over 28% during a day of extreme market volatility. However, it is not suitable for long-term holding because of significant value erosion caused by beta slippage and the roll effect in contango markets. Over the past three years, UVIX has lost more than 99% of its value. Experts recommend using UVIX only for short-term trading or hedging and selling after volatility spikes, as gains tend to be temporary and quickly decay.
UVIX ETF's recent surge is context for readers. For those tracking US stocks on Pluang, as of Oct 31, 2026 11:01 WIB: 47 of 150 stocks rose, 103 fell. Notable movers include ASX at USD 39.50, down 11.34% with 82% sell orders; QCOM at USD 164.81, down 11.11% with 86% sell orders; and AMD at USD 504.98, down 10.85% with 44% sell orders.
Fundación Reintegra in Mexico received the F1® Allwyn Global Community Award and a €100,000 donation to support 80 justice-impacted youths in reintegrating into society and preventing recidivism. The organization has spent over 40 years helping at-ri...
Fundación Reintegra received the F1® Allwyn Global Community Award during the 2026 Mexico City Grand Prix, earning €100,000 to aid 80 justice-impacted youth in Mexico. The organization, with over 40 years of experience, focuses on violence prevention...
Bitway's price fell sharply by 19.26% to $1.18, marking the biggest 24-hour decline among the 90 largest cryptocurrencies excluding stablecoins. Other notable moves include LayerZero gaining 8.83% and TRON dropping 6.09%. Bitcoin and Ether showed min...
Useless Coin (USELESS) has fallen more than 10% in the past 24 hours, pressured by negative on-chain sentiment and a weak broader crypto market. The token is trading below key exponential moving averages (EMAs) and is close to breaking its demand zon...
XRP's reported average November gain of +80.2% is skewed by two extreme years, while the median return is actually -10%, indicating typical November losses. The token faces price pressure after a 15.7% drop in October and a scheduled unlock of 1 bill...
