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via The Block · By The Block Editorial

CME Group to launch cash-settled bitcoin volatility futures

BTC

BTC/USDT

$63,222.03
+0.17%
24h Volume

$2,802,007,044.43

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,140.05

0.09%

Volume (24h): -

Resistance Levels
Resistance 3$66,088.35
Resistance 2$64,507.45
Resistance 1$63,398.11
Price$63,140.05
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.7
TB
The Block Editorial
(08:39 PM UTC)
1 min read
DK
Reviewed byDavid Kim

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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