CME Group to launch Bitcoin Volatility futures on June 1 for better risk management.

CME Group announced it will launch Bitcoin Volatility futures on June 1, pending regulatory approval. These futures allow investors to manage bitcoin volatility risk separately from price movements by settling to the CME CF Bitcoin Volatility Index, a forward-looking measure of implied volatility. This product aims to provide traders with a new tool for hedging and investing in bitcoin's volatility, marking a significant step in the maturation of bitcoin as an investable asset. The futures will enhance risk management options for both institutional and individual investors in the digital asset market.