Original Research on Crypto Volatility, Options, and ETF Flows
Volmex’s research desk publishes deep-dive studies on the structural drivers of crypto vol. Every paper is downloadable.
Onshore BTC ETF Options Close the Gap With Offshore
IBIT ETF options now carry $27.61B in notional OI — roughly head-to-head with Deribit BTC at $26.90B.
Macroeconomic Announcements Fuel Volatility
How scheduled macro events impact Bitcoin price and implied volatility.
The Impact of Spot Bitcoin ETFs
How ETFs reshaped BTC trading activity and volatility patterns.
Crash of August 5, 2024
Global market dislocations during the August 2024 selloff, viewed through implied volatility.
Volmex Monthly Research Update — July 2024
A volatile July: political developments, government actions, and the resulting option-market repricing.
A New Era for Ethereum: ETF Approvals
Market reactions to the SEC approval of Ether ETF applications on May 23, 2024.
Post-Bitcoin Halving Volatility
Does the post-halving environment mean the end of BTC volatility?
Cryptocurrency Market Dynamics Following the Bitcoin ETF Approvals
How ETF fund flows correlate with BTC trading activity and realized volatility.
Option Tails and Spot-Volatility Correlations
The structural input behind volatility carry: how option tails correlate with realized spot-vol.
Navigating Market Sentiment During Bitcoin ETF Approval
Tracking BTC market sentiment through the ETF approval window via implied volatility.
Portfolio Hedge Using BVIV and EVIV During FTX Collapse
How a small allocation to BVIV / EVIV protected portfolios through the FTX implosion.
The Indices Behind the Research
Every study runs on Volmex's real-time volatility benchmarks — pull them over REST and WebSocket, or watch them live on the charts.