CME Group Launches Bitcoin Volatility Futures
CME Group announced plans to expand its digital asset suite with the launch of Bitcoin Volatility futures on June 1, pending regulatory review. These first-of-their-kind regulated futures contracts will allow investors to more precisely manage their market and portfolio positions by isolating their volatility risks from price direction. "Crypto market participants are seeking regulated products that provide opportunities to gain digital assets exposure when markets move," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group. "With our new Bitcoin volatility futures, traders will be able to invest or hedge against the future volatility of bitcoin, allowing them to access a critical new layer of risk management." Bitcoin Volatility futures will settle to the CME CF Bitcoin Volatility Index, a 30-day forward-looking measure of implied volatility. Rather than tracking price, the index is derived from real-time CME Bitcoin options order books to isolate market expectations. Published every second, the BVX offers a transparent, responsive underlying for precision volatility trading.
