The cryptocurrency option exchange Deribit will provide bitcoin volatility futures

It is reported that Deribit, the cryptocurrency options exchange, will launch bitcoin volatility futures. Luuk Strijers, chief commercial officer of Deribit, said that the futures linked to Deribit’s forward-looking Bitcoin Volatility Index (DVOL) would be listed in Deribit from the end of March, with the stock code of BTCDVOL.

Interpretation of this information:

This news entails that Deribit is expanding its product line by launching Bitcoin volatility futures that are linked to the forward-looking Bitcoin Volatility Index (DVOL). This development is expected to take place at the end of March, and the stock code for this option is going to be BTCDVOL. This move is significant for Deribit, as it will allow users to trade on the future movement of bitcoin’s volatility.

Deribit, already known as one of the leading cryptocurrency options exchanges globally, is a platform that offers options trading in cryptocurrencies. The company is working methodically to launch volatility futures that can help traders profit from price movements in cryptocurrencies. The DVOL, calculated based on the implied volatility obtained from options prices, indicates the market’s expectation of Bitcoin’s volatility over the next 30 days.

By including futures contracts, Deribit adds a new dimension to its product line. The company’s decision to launch these futures contracts in the form of Bitcoin volatility futures demonstrates its commitment to providing innovative trading tools to its users. This type of feature enables users to trade bitcoin volatility in a way that was not possible before the launch of these futures contracts.

This move is aligned with the current demand for options trading in the cryptocurrency industry. With more sophisticated players entering this space, traditional finance is also showing interest. The launch of volatility futures linked to the DVOL by Deribit is precisely in line with this trend.

In summary, Deribit’s launch of Bitcoin volatility futures has significant potential for traders to profit from the future volatility of bitcoin. With the exchange’s experience in the cryptocurrency options market, the launch of futures contracts will provide more opportunities for traders to trade in cryptocurrencies. Additionally, it demonstrates the company’s commitment to innovation and providing exceptional trading tools for its users.