Arbelos, a principal trading firm focusing on cryptocurrency derivatives markets, and B2C2, a specialist in institutional liquidity for digital assets, have completed the first bilateral option transaction on a bitcoin volatility index, the BVIV Index.
The BVIV Index is a real-time index published by Volmex that measures the 30-day expected volatility of bitcoin, derived from real-time crypto call and put options.
In a press statement, B2C2 described the bilateral option transaction between two options desks as “a pivotal moment for cryptocurrency options and volatility space” that “pushes the industry forward”.
