• Bitcoin’s weekend selloff may be over with CME’s 24/7 crypto trading move The derivatives exchange giant’s switch to around-the-clock crypto trading will have a visible impact on liquidity and volatility on weekends, analysts said. • What to know: CME will launch 24/7 trading for crypto futures and options starting May 29. • The decision was driven by demand, as CME saw $3 trillion in volume across crypto products last year, CME global head Tim McCourt said. • The move could reduce dramatic weekend volatility and close the CME price gap, experts told CoinDesk. • Bitcoin could emerge as a proxy for global risk events over the weekend, one analyst pointed out. • CME Group, the derivatives exchange giant favored by Wall Street,saidit will begin offering 24/7 trading for its cryptocurrency futures and options on May 29, a major milestone in how traditional institutions access crypto markets.
Article Summaries:
- CME Group will begin 24/7 trading of cryptocurrency futures and options on May 29, a move aimed at meeting growing institutional demand for continuous risk‑management tools. The decision follows a record $3 trillion in crypto‑derivatives volume last year and is expected to narrow the “CME gap” that currently leaves institutions exposed to sharp weekend price swings. Analysts say the new schedule should smooth liquidity and reduce volatility when the spot market remains open, though it may not eliminate all dramatic weekend moves. The change marks a significant step toward integrating crypto markets with traditional regulated venues.
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