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via The Block · By The Block Editorial

CME Group to launch cash-settled bitcoin volatility futures

BTC

BTC/USDT

$65,816.00

+2.41%

$65,816.00

+2.41%

(24s)

24h Volume

$14,545,582,448.30

24h H/L

$65,995.00 / $63,678.83

Change: $2,316.17 (3.64%)

Long/Short

59.1%

Long: 59.1%Short: 40.9%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,760.00

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$71,022.48

Resistance 2$68,191.60

Resistance 1$66,034.99

Price$65,760.00

Support 1$64,749.31

Support 2$61,834.89

Support 3$59,130.91

Pivot (PP):$65,703.00

Trend:Downtrend

RSI (14):41.7

The Block Editorial

(08:39 PM UTC)

1 min read

Reviewed byDavid Kim

620 views

0 comments

CME Group revealed plans to add to its crypto lineup with the introduction of bitcoin volatility futures beginning next month.

The new "first-of-their-kind" offering, pending regulatory approval, will list on June 1 to provide traders the ability to trade and hedge bitcoin's (BTC) volatility directly, without taking a directional bet on the cryptocurrency’s price itself.

"Crypto market…

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The Block Editorial · The Block

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