BlockBeats News, June 2nd, according to official sources, the world's largest derivatives exchange group CME Group announced the official launch of a 24/7 continuous trading mechanism for cryptocurrency futures and options products. The new trading session started on May 29th, marking the first time that the traditional regulated derivatives market has fully embraced a "round-the-clock trading" mode for crypto assets.

According to data disclosed by CME, over the first weekend after the launch of the service, a total of over 7,200 cryptocurrency futures and options contracts were traded, corresponding to a nominal trading volume of approximately $50 million, demonstrating the immediate demand from both institutional and retail investors for weekend liquidity.

Tim McCourt, Global Head of Equity Index and Alternative Investment Products at CME, stated that cryptocurrencies themselves are traded 24/7, and the introduction of the round-the-clock trading mechanism by CME aims to bridge the time gap between the traditional regulated market and the crypto spot market, enabling continuous price discovery and risk management.

At the same time, CME's newly launched Bitcoin Volatility Futures also started trading 24/7. This product allows investors to directly trade the implied volatility of Bitcoin for the next 30 days without taking on the risk of Bitcoin price fluctuations.

Market participants believe that this move indicates that the traditional financial system is further converging with the crypto market. Following spot ETFs, tokenized assets, and stablecoins, the regulated crypto derivatives market is also transitioning to the same round-the-clock trading mode as the spot market, which will help increase institutional participation and enhance weekend market liquidity.