CME Group officially launched trading for Bitcoin Volatility Index (BVX) futures on June 10, providing a new tool for institutional hedging. The instrument saw its first block trades executed by Monarq Asset Management and DV Chain, with over 7,200 contracts worth approximately $50 million in notional value changing hands during the first weekend. This launch follows CME's expansion to 24/7 trading for its crypto futures and options products.
