Bitfinex launches volatility futures on Bitcoin and Ether

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Bitfinex Derivatives is allowing investors to trade on the implied volatility of Bitcoin and Ether as another asset class.

Cryptocurrency exchange Bitfinex is expanding trading tools in response to a volatility spike in crypto markets by introducing new Bitcoin (BTC) and Ether (ETH) volatility futures.

Bitfinex’s derivatives platform Bitfinex Derivatives, provided by iFinex Financial, launched trading of two new perpetual futures contracts, the firm announced to Cointelegraph on April 3.

The new contracts are based on the Volmex Implied Volatility indexes, the Bitcoin Implied Volatility Index (BVIV) and Ethereum Implied Volatility Index (EVIV). The indexes track 30-day expected volatility or the implied volatility of BTC and ETH options contracts.

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