TechFlow reports that on March 10, according to PRNewswire, Cboe Global Markets announced the launch of the Cboe IBIT Volatility Index (BITVX) on March 23. The index measures market expectations of Bitcoin’s volatility over the next 30 days. It is derived from the option prices—not historical returns—of iShares Bitcoin Trust (IBIT), BlackRock’s Bitcoin exchange-traded fund (ETF), and is calculated and managed by Cboe Global Indices to produce an implied volatility measure, helping investors better analyze, price, and hedge digital asset risk.
Add to Favorites
Share to Social Media
