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Techub News reports that, according to WuBlockchain, the Chicago Mercantile Exchange Group (CME Group) plans to launch Bitcoin Volatility Futures (BVI) on June 1, 2026. The contract size will be $500 multiplied by the CME CF Bitcoin Volatility Index, which is used to measure 30-day volatility and is currently pending approval from the U.S. Commodity Futures Trading Commission (CFTC). CME Group is one of the world's largest derivatives exchanges and has previously launched Bitcoin futures and options products. The introduction of volatility futures will provide institutional investors with a new tool to hedge against Bitcoin price volatility risks, further enriching the cryptocurrency derivatives market.