Soon, traders will be able to bet on bitcoin volatility, not just price, on CME
CoinDesk
CME Group plans to introduce bitcoin volatility futures on June 1, allowing traders to speculate on price swings independently of market direction.Summary
CME Group is set to launch bitcoin volatility futures on June 1, pending regulatory approval. These new contracts track the CME CF Bitcoin Volatility Index (BVX) rather than the cryptocurrency's price, enabling institutional investors to hedge or speculate on market stability. This product aims to fill a gap in the onshore market, mirroring the institutional success of traditional stock market volatility trading and potentially creating a new, liquid asset class for digital assets.
(Source：CoinDesk)