According to CME Group’s announcement on May 10, 2026, the exchange plans to launch Bitcoin Volatility Futures (BVI) on June 1, 2026, pending final CFTC regulatory review. The contract is built on the CME CF Bitcoin Volatility Index (BVX), which measures 30-day forward-looking implied volatility from CME Bitcoin options order books. With a contract size of $500 multiplied by the index, the product will allow institutional investors to trade Bitcoin’s volatility independently of price direction, providing a hedging tool for market makers and portfolio managers.
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