BlockBeats news, June 2: According to official announcements, CME Group, the world’s largest derivatives exchange group, has officially launched 24/7 continuous trading for its cryptocurrency futures and options products. The new trading session began on May 29, marking the first time the traditional regulated derivatives market has fully adopted a "round-the-clock" trading model for crypto assets.
According to CME disclosures, over 7,200 cryptocurrency futures and options contracts were traded during the first weekend after service launch, representing a notional trading volume of approximately $50 million, demonstrating immediate demand for weekend liquidity from both institutional and retail investors.
Tim McCourt, Head of Global Equities, Foreign Exchange, and Alternative Products at CME, said that crypto assets are traded 24/7, and CME’s launch of round-the-clock trading aims to bridge the time gap between traditional regulated markets and the crypto spot market, enabling continuous price discovery and risk management.
Meanwhile, CME’s newly launched Bitcoin Volatility Futures are also now available for 24/7 trading. This product allows investors to trade the implied volatility of Bitcoin over the next 30 days without being exposed to the directional price movement risk of Bitcoin.
Market participants believe this move signifies that the traditional financial system is further aligning with the cryptocurrency market. Following spot ETFs, tokenized assets, and stablecoins, the regulated crypto derivatives market is also evolving toward the same 24/7 trading model as the spot market, helping to increase institutional participation and enhance weekend market liquidity.