Concerns of rising inflation and the potential for more aggressive policy tightening from the U.S. Federal Reserve sparked initial volatility. (edwardjones.ca)
There are five parameters to calibrate: mean reversion rate κ, long - term variance θ, volatility of variance ε, correlation ρ and initial volatility v0. (link.springer.com)
After initial volatility, the contract provided a boost to the spot price, eventually sending BTC / USD above $ 17,000. (hacked.com)