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

Techub News: CME Group and cryptocurrency benchmark index provider CF Benchmarks announced plans to launch two new Bitcoin volatility indices on December 2, including the CME - CF Bitcoin Volatility Real-Time Index (BVX) and the CME - CF Bitcoin Volatility Settlement Index (BVXS). These indices are market-based forward-looking indicators designed to measure the market's expected Bitcoin price volatility over a fixed 30-day expiration period. These indices are not tradable futures products, but they can serve as transparent indicators reflecting the implied volatility in CME's regulated Bitcoin futures and Micro Bitcoin futures contract options.