Building the first tradable Bitcoin Volatility Index (VIX) futures

Building the first tradable Bitcoin Volatility Index (VIX) futures

A volatility index or VIX, is used to measure the expected volatility of the underlying within a timeframe in the future, there are at least two ways of calculating implied future volatility, the most widely used method is the one employed by CBOE’s VIX calculation, the one which is “modeless”.