CME Group and CF Benchmarks to launch two new Bitcoin volatility indices

ChainCatcher News, according to PR Newswire, CME Group and CF Benchmarks have announced plans to launch two new Bitcoin volatility indices on December 2—the CME-CF Bitcoin Volatility Real-Time Index (BVX) and the CME-CF Bitcoin Volatility Settlement Index (BVXS). These indices are forward-looking, market-based indicators designed to measure the expected volatility of Bitcoin prices over a fixed 30-day period until expiration.

These indices are not tradable futures products, but they serve as transparent indicators reflecting the implied volatility in CME Group’s regulated Bitcoin futures and Micro Bitcoin futures options contracts.