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

According to a press release from PR Newswire, the CME Group and CF Benchmarks announced plans to launch two new Bitcoin volatility indices on December 2: the CME-CF Bitcoin Volatility Index (BVX) and the CME-CF Bitcoin Volatility Settlement Index (BVXS). These indices are based on market-forward indicators designed to measure the market's expectations of Bitcoin price volatility over a fixed 30-day expiration period.

These indices are not tradable futures products, but they serve as transparent indicators reflecting the implied volatility in CME-regulated Bitcoin futures and micro Bitcoin futures contract options.