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CME is about to make a big move!
On June 1st, Bitcoin volatility futures will go live, just waiting for CFTC approval.
This contract doesn't bet on price increases or decreases, it directly bets on BTC's volatility range, whether it skyrockets or crashes.
And this is the first regulated BTC volatility derivative in the United States, so institutions won't have to go offshore to hedge their risks anymore.
Institutional tools are becoming more comprehensive, indicating that BTC institutionalization has taken a big step forward again, and volatility will become more systematic, no longer the pure chaos it used to be.
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