CME plans June 1, 2026 launch of Bitcoin Volatility Futures tied to BVX index

CME Group plans to introduce Bitcoin Volatility Futures (BVI) on June 1, 2026, subject to CFTC review. The contracts are designed to let traders take positions on BTC volatility rather than price direction, using a $500 multiplier tied to the CME CF Bitcoin Volatility Index. Bitcoin also traded between $79,168 and $81,063 across May 8–9 as analysts debated key levels including $88,880.