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BVX and BVXS are reliable, regulated benchmarks that measure market expectations of 30-day volatility to help participants generate actionable insights and navigate risk.
Understanding CME CF Bitcoin Volatility Indices
Watch how to measure the market's expectation of 30-day volatility in bitcoin, based on real-time order book data from Bitcoin and Micro Bitcoin options.
About CME CF Bitcoin Volatility Indices
Real-Time (BVX)
Once a second benchmark that measures the 30-day constant maturity implied volatility of bitcoin using a standard variance swap pricing approach.
Settlement (BVXS)
Once a day benchmark that is calculated as the average of six five-minute partitions, ensuring a smooth and replicable settlement rate.
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