Key Takeaways:
CME Group plans to launch Bitcoin Volatility futures (BVI) on June 1, 2026, pending CFTC approval.CME’s $500-per-contract BVI product gives institutions a regulated tool to trade bitcoin’s implied volatility directly.Giovanni Vicioso says traders will gain a new risk management layer; CF Benchmarks CEO Sui Chung calls it a maturation milestone.The BVXS settlement rate averages six five-minute BVI partitions each day to produce a smooth, replicable final figure. That settlement calculation runs at 4:00 p.m. London time on each contract’s final settlement day. CME and CF Benchmarks launched the BVI index on April 9, 2024, with back-tested history available before that date.
