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Markets3h 58m ago

CME Group launched 24/7 trading for its crypto futures and options on May 29, leading to over 7,200 contracts worth roughly $50 million in notional value changing hands over the first weekend.

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Who
CME Group, Wall Street, Tim McCourt, Terry Duffy
What
CME Group launched 24/7 trading for its crypto futures and options on May 29, leading to over 7,200 contracts worth roughly $50 million in notional value changing hands over the first weekend.
When
Sat, 13 Jun 2026 08:25:39 GMT · 3h 58m ago
Where
not specified ·
Why
CME Group launched 24/7 trading to bridge the gap between regulated venues and the always-on nature of crypto assets, aiming to offer institutions regulated tools to hedge.
The Frontline Impact

How this affects you

Following the launch, Bitcoin fell below $70,000 for the first time in two months, with almost $10 billion in long-futures liquidations occurring over a single week, indicating that the new trading window opened into a significant market deleveraging event.

Story chain

3 events in this thread
  1. Markets3h 58m ago
    CME Group launched 24/7 trading for its crypto futures and options on May 29, coinciding with Bitcoin falling below $70,000 and experiencing significant liquidations.
    Open article
  2. Currently Reading3h 58m ago
    CME Group launched 24/7 trading for its crypto futures and options on May 29, leading to over 7,200 contracts worth roughly $50 million in notional value changing hands over the first weekend.
  3. Markets3h 58m ago
    Bitcoin slid below $70,000 and experienced significant deleveraging with nearly $10 billion in long-futures liquidations over a single week, following the launch of CME Group's 24/7 crypto futures and options on May 29.
    Open article

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