CME Group plans to launch Bitcoin Volatility futures on June 1, pending regulatory evaluation, giving traders a compliant technique to commerce anticipated Bitcoin volatility moderately than worth course, in keeping with an organization launch revealed Tuesday.
The Chicago-based derivatives market mentioned the contracts will settle to the CME CF Bitcoin Volatility Index, a 30-day measure of anticipated Bitcoin volatility derived from CME choices markets.
CME describes the brand new contracts as Commodity Futures Buying and selling Fee (CFTC)-regulated futures aimed particularly at Bitcoin volatility, extending the prevailing US regulatory framework that already covers CME’s Bitcoin and Ether derivatives.
Giovanni Vicioso, CME Group’s international head of cryptocurrency merchandise, mentioned within the launch that market contributors are searching for regulated merchandise that supply publicity to market strikes, and that the brand new futures would let merchants put money into or hedge in opposition to future Bitcoin volatility.
The launch would give establishments a regulated technique to commerce Bitcoin volatility within the US immediately via CME’s clearing framework, moderately than constructing comparable publicity via mixtures of Bitcoin choices and futures or utilizing offshore venues.
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In the identical launch, Morgan Stanley managing director and head of derivatives gross sales David Schlageter mentioned the contracts ought to assist market contributors handle portfolio danger by buying and selling volatility itself.

CME Group to Launch Bitcoin Volatility Futures Contracts. Supply: PR Newswire.
CME described the contracts because the “first-of-their-kind regulated futures contracts,” distinguishing them from present crypto-native volatility merchandise provided outdoors the US-regulated futures framework.
Cointelegraph reached out to CME for extra remark, however had not acquired a response by publication.
CME’s product retains Bitcoin volatility buying and selling onshore
Comparable merchandise exist elsewhere. Deribit launched BTC DVOL futures in March 2023, tied to its implied-volatility index, whereas BitMEX launched its BVOL 30-day historic volatility futures again in January 2015.
CME first launched cash-settled Bitcoin futures in December 2017 and has since expanded its regulated crypto lineup to incorporate Bitcoin choices, Micro Bitcoin futures and choices, Ether futures and choices and different cryptocurrency contracts.
The group is making ready to maneuver its cryptocurrency futures and choices to 24/7 buying and selling from Could 29, topic to regulatory evaluation, additional aligning its market construction with the always-on nature of digital belongings.
That push comes as crypto derivatives proceed to dominate buying and selling exercise extra broadly, with a CoinGlass report estimating 2025 crypto derivatives quantity at about $85.7 trillion, and Swiss financial institution Amina Group discovering that derivatives account for roughly three-quarters of all crypto buying and selling.
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