About this episode

This episode discusses the launch of the Cboe Bitcoin Volatility Index and its implications for Bitcoin as a macro asset class.

The "Fear Gauge" has officially arrived in the crypto world. In this episode, Mark Longo welcomes Rob Hocking , Global Head of Derivatives at Cboe , to the Hot Seat to break down the launch of the Cboe Bitcoin Volatility Index (BITVX) . In this episode, we explore: The BITVX Reveal: How Cboe is using IBIT (iShares Bitcoin Trust) options to calculate a 30-day forward-looking volatility metric for Bitcoin. Institutional Shift: Why Bitcoin is evolving from a retail "crypto trade" into a legitimate macro asset class. The SKU Flip: How IBIT options have fundamentally changed the "call wing" dynamics of Bitcoin volatility. Tradable Volatility: Is a tradable Bitcoin VIX future on the horizon? Rob shares the technical hurdles and Cboe's vision. Cboe's Crypto Ecosystem: A look at Bitcoin Index options (MBT/CBT), perpetual futures, and the potential for crypto prediction markets . Plus, Mark breaks down the weekly Bitcoin Breakdown , covering the recent rally to $76k, the cooling of bearish skew, and heavy put-spread activity in the IBIT tape.

People in this episode

Host: Mark Longo

Guest: Rob Hocking

Topics covered

• Bitcoin Volatility Index
• Cboe
• Institutional Shift
• Crypto Ecosystem
• Bitcoin Options
• Market Dynamics

Keywords

• Bitcoin VIX
• Cboe
• volatility
• IBIT options
• crypto prediction markets
• macro asset class
• call wing dynamics
• trading
• Bitcoin

Mentioned in this episode

Organizations: Cboe, iShares Bitcoin Trust

Products: Cboe Bitcoin Volatility Index, Bitcoin Index options, perpetual futures, Bitcoin VIX

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