CME is launching a VIX style fear trade to Bitcoin. Now comes the hard part
CryptoSlate
CME is launching regulated Bitcoin volatility futures on June 1, allowing traders to bet on market turbulence independently of Bitcoin’s price.Summary
CME Group is set to launch Bitcoin Volatility futures (ticker BVI) on June 1, providing a regulated financial instrument that tracks the CME CF Bitcoin Volatility Index (BVXS). Unlike standard futures or ETFs, which rely on Bitcoin's spot price, this product allows institutional traders to hedge or speculate on market turbulence directly. By isolating volatility from price direction, the contract aims to function similarly to the VIX in traditional finance, though its success as a market-wide 'fear gauge' will ultimately depend on achieving sufficient liquidity and trading volume.
(Source：CryptoSlate)