CME Group to launch Bitcoin volatility futures June 1

CME Group will launch Bitcoin volatility futures on June 1, pending approval. Based on the BVX index, these contracts let traders hedge or invest in Bitcoin volatility, not price direction.

CME Group has announced plans to launch Bitcoin volatility futures on June 1, pending regulatory approval. These contracts will allow traders and investors to manage and hedge against Bitcoin’s volatility without taking a direct position on its price. The futures will be settled to the CME CF Bitcoin Volatility Index (BVX), a real-time, 30-day forward-looking measure of implied volatility derived from CME’s Bitcoin options order books. The BVX is updated every second during trading hours, offering a transparent and dynamic benchmark for volatility trading. This initiative addresses growing demand for regulated, advanced risk management tools in the digital asset market. The launch is expected to enhance market liquidity and provide new opportunities for both institutional and retail participants to manage portfolio risk.