According to the latest announcement, the leading derivatives market Chicago Mercantile Exchange Group plans to launch Bitcoin Volatility Futures (BVI) on June 1, 2026, subject to review by the U.S. Commodity Futures Trading Commission (CFTC).
These pioneering regulated futures contracts will enable investors to precisely manage their market and portfolio positions by isolating volatility risk from price direction.
The Chicago Mercantile Exchange (CME) plans to launch Bitcoin volatility futures on June 1, pending review by the U.S. Commodity Futures Trading Commission (CFTC).
— Wu Blockchain (@WuBlockchain)May 10, 2026
CME Group plans to launch Bitcoin Volatility Futures (BVI) on June 1, 2026, and is currently awaiting review by the U.S. Commodity Futures Trading Commission (CFTC). The contract size is $500 multiplied by the CME CF Bitcoin Volatility Index, which measures 30-day Bitcoin volatility... pic.twitter.com/7geBcoZ68Y
The upcoming Bitcoin volatility futures settlement will use the CME CF Bitcoin Volatility Index (BVX), a metric that measures 30-day forward implied volatility. Unlike price-tracking indices, this index derives its data from the real-time order book of CME Bitcoin options, designed to reflect market expectations.
This newly launched product expands CME Group’s existing product lineup, which includes Bitcoin futures and options. Bitcoin futures, launched in December 2017, quickly gained popularity among institutional investors seeking directional exposure and arbitrage opportunities, with trading volume and open interest reaching billions of dollars.
CME Group has also launched altcoin futures, with Avalanche and SUI becoming the latest additions to this product line.
Bitcoin is preparing for a major change
Bitcoin (BTC) On May 8, the price of Bitcoin dropped to a low of $79,168 before rebounding. Buying pressure at the lower levels pushed Bitcoin’s price upward toward $80,000. On May 9, Bitcoin successfully broke above $81,000, reaching a high of $81,063.
Traders are still most concerned about whether Bitcoin can maintain its upward momentum or will face profit-taking.
CryptoQuant analysts noted in a recent QuickTake report that Bitcoin needs to rebound and hold above $88,880 to confirm a bottom. Until then, the $85,000 to $88,000 range may see some sellers looking to “take profits.”
However, John Bollinger, the creator of Bollinger Bands, holds the opposite view. In a post on X on Thursday, he stated that his trend model has turned bullish for Bitcoin, and he has adjusted his position accordingly.
Bitcoin has closed above the upper Bollinger Band for the second time since mid-January, and traders are now closely monitoring its next move.