CME Plans to Launch Cash-Settled Bitcoin Volatility Futures

robot
Abstract generation in progress

On May 6, CME Group announced plans to launch cash-settled 30-day Bitcoin volatility futures on June 1, pending regulatory approval. This product will allow traders to directly trade or hedge BTC volatility without betting on the direction of Bitcoin prices. The expected trading code is BVI, with a contract size of $500 multiplied by the BVX index value, and it will be settled based on the CME CF Bitcoin Volatility Index (BVX). The BVX is a 30-day implied volatility metric calculated from the order book of Bitcoin and micro Bitcoin options regulated by the CFTC.

BTC0.13%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin