
USDT On Ethereum Sees Largest Exchange Outflow Since February — Details
USDT on Ethereum experiences its largest exchange outflow since February, with 1.29 billion USDT withdrawn.

CME Group plans to launch Bitcoin Volatility Futures on June 1, 2026, pending CFTC review. This innovative product will help investors manage volatility risks separately from price direction.
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According to a new release, leading derivatives marketplace CME Group intends to launch Bitcoin Volatility Futures (BVI) on June 1, 2026, pending CFTC review.
These first-of-their-kind regulated futures contracts will allow investors to accurately manage their market and portfolio positions by isolating their volatility risks from price direction.
CME Targets June 1 Launch for Bitcoin Volatility Futures, Pending CFTC Review
CME Group plans to launch Bitcoin Volatility Futures (BVI) on June 1, 2026, pending CFTC review. The contract size will be $500 multiplied by the CME CF Bitcoin Volatility Index, which measures 30-day… pic.twitter.com/7geBcoZ68Y
— Wu Blockchain (@WuBlockchain) May 10, 2026
The upcoming Bitcoin Volatility futures will settle to the CME CF Bitcoin Volatility Index (BVX), a 30-day forward-looking measure of implied volatility. Rather than tracking price, the index derives its data from real-time CME Bitcoin options order books to isolate market expectations.
The latest offering will expand CME Group's existing product suite, which includes Bitcoin futures and options. Futures went live in December 2017 and have become popular among institutions seeking directional exposure and arbitrage opportunities. They have also attracted billions in trading volume and open interest.
CME Group has also launched altcoin futures, with Avalanche and SUI becoming the latest additions to the product suite.
Bitcoin (BTC) fell to a low of $79,168 on May 8 before rebounding. Bitcoin started to rise as buying at lower levels pushed the price toward $80,000. The price succeeded in surpassing $81,000, reaching a high of $81,063 on May 9.
The question on traders' minds now remains whether Bitcoin will sustain its rise or face profit-taking.
Bitcoin Volatility Futures are regulated contracts that allow investors to manage volatility risks by isolating them from price direction, based on the CME CF Bitcoin Volatility Index.
CME Group is set to launch the Bitcoin Volatility Futures on June 1, 2026, pending approval from the CFTC.
The CME CF Bitcoin Volatility Index is a 30-day forward-looking measure of implied volatility derived from real-time CME Bitcoin options order books.

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CryptoQuant analysts said in a recent QuickTake note that BTC needs to rally and maintain above $88,880 for a bottom to be confirmed. Until then, the $85,000 to $88,000 range might see selling by buyers who want to "get out flat."
However, Bollinger Bands creator John Bollinger has an opposite view. In an X post on Thursday, Bollinger said that his trend model had turned positive for BTC and he had taken a position accordingly.
Bitcoin closed above its upper Bollinger Band for the second time since mid-January, with traders now watching for its next move.