I assume you’re asking about VXX, the iPath Series B S&P 500 VIX Short-Term Futures ETN, since we were just discussing the VIX. VXX is an exchange-traded note (ETN) that tracks short-term futures contracts on the VIX, the CBOE Volatility Index, which measures expected market volatility over the next 30 days based on S&P 500 options prices. It’s designed to give investors exposure to volatility changes, not the VIX spot value itself, by holding a mix of the front two-month VIX futures, rolled daily to maintain a constant one-month horizon.

As of the latest real-time data on April 4, 2025, VXX closed at $74.85 USD, up 19.78% ($12.36) from the previous day’s close of $62.49. It opened at $69.93, hit a high of $76.46, and a low of $66.72, with a trading volume of over 26 million shares—way above its average of 7.5 million. That’s a big jump, signaling a spike in volatility expectations, likely tied to recent market jitters. Over the past month, it’s up 49.01% from $51.60 on March 28, and year-to-date in 2025, it’s gained 63.43%. But zoom out: over five years, it’s down 97.51%, thanks to the relentless decay from contango—where futures prices exceed the spot VIX, eroding value as contracts roll.

Can You Make Money?

You can profit from VXX if you catch it during a volatility surge—like now. For instance, if you’d bought at $62.49 on April 3 and sold at $74.85 on April 4, that’s a 19.78% gain in a day. But holding long-term is a loser’s game due to that contango bleed. It’s a trader’s tool—great for short-term hedges or bets on fear, like during the August 2024 VIX spike some traders on X have noted as a parallel. Speculators might ride this wave, but if you’re hedging a portfolio, it’s about timing: buy when markets wobble, sell when they calm. Risks are high—mistime it, and you’re stuck with a decaying asset.

What’s your angle—looking to trade it or just curious about its recent move? I can pull more current data or break down a strategy if you want!