CME Group and CF Benchmarks have announced the launch of two new Bitcoin volatility indices, set to debut on December 2nd. The CME-CF Bitcoin Volatility Real-Time Index (BVX) and the CME-CF Bitcoin Volatility Settlement Index (BVXS) will provide forward-looking market indicators to measure Bitcoin price volatility expectations over a 30-day period. These indices are designed to reflect the implied volatility in CME-regulated Bitcoin futures and micro Bitcoin futures contract options. Although they are not tradable futures products, they offer transparent insights into market expectations of Bitcoin's price movements.