CME launches Bitcoin volatility index as institutional crypto trading matures
CME has rolled out new crypto benchmarks, including a Bitcoin volatility index designed to sharpen risk pricing across futures and options markets.
The Chicago-based CME Group has introduced a new suite of cryptocurrency benchmarks designed to provide standardized pricing and volatility data for institutional traders using tools they’re familiar with across traditional asset classes.
Announced Tuesday, the CME CF Cryptocurrency Benchmarks cover a range of digital assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP).
Notably, the launch includes the CME CF Bitcoin Volatility Benchmarks, which track the implied volatility of Bitcoin and Micro Bitcoin Futures options, effectively serving as a crypto-market equivalent of the equity market’s VIX by showing how much price movement traders expect over the next 30 days.
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