CME Group (CME) announced plans to expand its digital asset suite with the launch of Bitcoin (BTC-USD) 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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CME:
- CME Group reports April ADV reached 25.9M contracts
- CME Group Amends Multi-Currency Secured Credit Facility
- Crypto Faces a Long-Term Quantum Threat as Industry Races to Upgrade Security
- CME Group price target lowered to $353 from $362 at Morgan Stanley
- CME Group price target lowered to $316 from $343 at Barclays