CME Group plans to launch Bitcoin volatility futures on June 1, pending regulatory approval. The contracts will be calculated based on the CME CF Bitcoin Volatility Index—a 30-day index of expected BTC volatility derived from CME’s options markets.
CME describes them as “the first-of-their-kind regulated volatility futures” for crypto in the U.S. Similar products already exist—Deribit launched BTC DVOL back in 2023, and BitMEX did so in 2015—but these were outside the U.S. regulatory framework.
Starting May 29, CME also plans to switch to round-the-clock trading of crypto derivatives.
Continue reading this article on source: cointelegraph.com