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Jan 22, 2025

Why Trump's not to blame for the jump in Bitcoin volatility


Viewers of Negocios Televisión, an online Spanish financial news channel, might have seen a recent interview with CF Benchmarks' Head of Product, Thomas Erdösi.

Negocios is actually one of the biggest online channels of its kind, with 1.65 million YouTube subscribers.

Still, unless you're one of these, you probably missed Thomas's slot.

So, here's another chance to catch it.

Recorded just ahead of President Trump's inauguration, the interview remains well worth watching, with most of the content still current at the time of writing.

The interview covers, in a basic way, how the crypto market is positioning at the start of this avowedly pro-crypto administration.

Thomas also offers concise observations on:

  • Bitcoin's implied volatility profile
  • The current bias for shorter-dated options over longer-dated
  • What all this could mean for prices for the near term

As well, Thomas references our CF Bitcoin Volatility Index (BVX), the only direct measure of CME Bitcoin implied volatility; based exclusively on CFTC-regulated BTC option contracts traded on the CME.

So this is also a great occasion to see BVX in action - and get an insight into the typically counterintuitive relationship between spot bitcoin and implied volatility!

Click below to watch


Learn more about the CF Bitcoin Volatility Index


The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.


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