Vix futures barchart according to the latest VIX futures

According to the latest VIX futures Barchart readout, the spread between front-month and third-month contracts has widened to 1.25 points. Analysts interpret this as hedgers anticipating gradual volatility increase during the summer macro events. The underlying S&P 500 VIX Short-Term Futures Index Total Return offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects views of the future direction of the VIX index at the time of expiration of the VIX futures contracts comprising the Index. The product charges 89 bps in annual fees (See: All Volatility ETFs). Market sentiment is shifting cautiously, with the VIX futures Barchart showing May contracts at 16.88 versus 16.50 earlier in the week. This slight move has prompted hedge fund managers to review gamma exposure, particularly in high-beta sectors. VIX futures Barchart April contract remains firm at 16.10, while the spot VIX has drifted lower, creating an interesting divergence. Analysts are debating whether this signals future volatility mean reversion.