[CME Officially Launches 24/7 Cryptocurrency Futures and Options Trading, First Weekend Volume Exceeds $50 Million] BlockBeats News, June 2: According to official sources, the world's largest derivatives exchange group, CME Group, has announced the official launch of a 24/7 continuous trading mechanism for cryptocurrency futures and options products. The new trading schedule began on May 29, marking the first time the traditional regulated derivatives market has fully aligned with the 'around-the-clock trading' model of crypto assets. According to data disclosed by CME, over 7,200 cryptocurrency futures and options contracts were traded during the first weekend after the service went live, corresponding to a nominal trading volume of approximately $50 million. This demonstrates the immediate demand for weekend liquidity from both institutional and retail investors. Tim McCourt, CME's Global Head of Equity and FX Products and Alternative Investments, stated that since crypto assets inherently operate on a 24/7 trading basis, CME's introduction of an around-the-clock trading mechanism aims to bridge the time gap between traditional regulated markets and crypto spot markets, enabling continuous price discovery and risk management. At the same time, CME's newly launched Bitcoin Volatility Futures have also been made available for 24/7 trading. This product allows investors to directly trade the implied volatility of Bitcoin over the next 30 days without taking on the directional risk of Bitcoin's price movements. Market participants believe this move signifies a further alignment of the traditional financial system with the crypto market. Following spot ETFs, tokenized assets, and stablecoins, the regulated crypto derivatives market is also evolving toward the same 24/7 trading model as the spot market, which could help increase institutional participation and enhance weekend market liquidity. [Original Link]