CME Group launched 24/7 trading for crypto futures and options, with trading volume reaching approximately $50 million in its first weekend.

CoinFeed reported on June 2nd that the CME Group has officially launched 24/7 trading for cryptocurrency futures and options. Over the first weekend, more than 7,200 contracts were traded, with a notional value of approximately $50 million. Bitcoin volatility futures have also been launched simultaneously. Tim McCourt, Global Head of Equities, FX, and Alternative Products at the CME Group, stated that this move meets clients' demand for continuous liquidity over the weekend, bridging the gap between traditional regulated venues and the 24/7 availability of cryptocurrencies.