CME Group and CF Benchmarks to launch two Bitcoin volatility indices

Odaily Planet Daily reports that CME Group and CF Benchmarks announced plans to launch two new Bitcoin volatility indices on December 2nd: the CME CF Bitcoin Volatility Index - Real Time (BVX) and the CME CF Bitcoin Volatility Index - Settlement (BVXS). These indices are forward-looking market indicators used to measure market 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. (PRNewswire)