A bitcoin ‘fear gauge’ measuring the cryptocurrency’s volatility has begun trading for the first time | Currency News | Financial and Business News

A bitcoin “fear gauge,” similar to the Cboe Volatility Index (VIX) investors use to gauge volatility in the stock market, saw its first trades on Wednesday.

The T3i BitVol Index measures the expected 30-day implied volatility in bitcoin derived from tradable bitcoin option prices. It was launched in July 2020 by T3 Index, a research-driven financial firm. It also has a separate index for…