CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets

CME Group has launched new bitcoin volatility index futures, allowing traders to speculate on the magnitude of price swings rather than the direction of the price itself. Two firms, Monarq and DV Chain, have already executed the first trades using these new financial instruments.
Why it matters
This development provides institutional investors with more sophisticated hedging tools for digital assets, signaling the continued maturation of the cryptocurrency derivatives market.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets Monarq and DV Chain kick off trading in CME s bitcoin volatility index futures. By Omkar Godbole | Edited by Shaurya Malwa Jun 8, 2026, 8:19 a.m. 2 min read Make preferred on CME s bitcoin volatility futures go live. (CoinDesk Archives) What to know : CME Group has launched bitcoin volatility index futures tied to the CME CF Bitcoin Volatility Index, allowing traders to speculate directly on expected four-week BTC price swings. Monarq and DV Chain executed first block trades last week. The new contracts let investors trade and hedge volatility itself, rather than bitcoin’s price direction, enabling strategies around events such as U.S. inflation data releases. CME’s bitcoin BTC $ 62,945.93 volatility index futures began trading last week, offering investors a new way to trade and hedge price volatility. DV Chain and Monarq Asset Management executed the first block trades, kicking off trading in the contracts.
The report provides factual coverage of a financial product launch without taking a stance on the asset class.
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