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

CME Group and CF Benchmarks announced plans to launch two new Bitcoin volatility indices on December 2nd: the CME-CF Bitcoin Volatility Real-Time Index (BVX) and the CME-CF Bitcoin Volatility Settlement Index (BVXS). These indices are forward-looking market indicators used to measure market expectations of Bitcoin price volatility over a fixed 30-day expiration period. While not tradable futures products, these indices serve as transparent indicators reflecting the implied volatility in CME-regulated Bitcoin futures and micro Bitcoin futures contract options.