CF Benchmarks Launches Volatility Index for Bitcoin
CF Benchmarks , the FCA-regulated benchmarks administrator and the largest indices provider for cryptocurrencies, is delighted to announce the launch of the Bitcoin Volatility Index, facilitating the tracking and trading of 30-day forward-looking bitcoin price volatility.
- CF Benchmarks , the FCA-regulated benchmarks administrator and the largest indices provider for cryptocurrencies, is delighted to announce the launch of the Bitcoin Volatility Index, facilitating the tracking and trading of 30-day forward-looking bitcoin price volatility.
- Composed of the CF Bitcoin Volatility Real Time Index (BVX) and the CF Bitcoin Volatility Index Settlement Rate (BVXS), the indices aggregate implied volatility from bitcoin options contracts listed on the CME into a single value to gauge market volatility and uncertainty.
- “As the largest cryptocurrency index provider by Assets under Reference (AuR), CF Benchmarks’ Bitcoin Volatility Index will be the benchmark for bitcoin price volatility, just as the Bitcoin Reference Rate (BRR) is the benchmark for spot bitcoin.”
The Bitcoin Volatility Index can be used as risk sentiment data or as the settlement mechanism for a range of products so market participants can trade volatility. - As with every other CF Benchmarks index, the Bitcoin Volatility Index is UK BMR compliant and calculated to a rigorous methodology.