CME Plans Bitcoin Volatility Futures Launch on June 1

CME Group has announced its intention to introduce Bitcoin volatility futures on June 1, contingent upon receiving regulatory approval. According to NS3.AI, this move aims to provide investors with a new tool to manage risk in the cryptocurrency market. The launch is expected to enhance market liquidity and offer more precise hedging opportunities for traders dealing with Bitcoin's price fluctuations. CME's initiative reflects the growing demand for sophisticated financial instruments in the digital asset space.