CME Group to eliminate 'CME gap' with 24-hour crypto futures trading

The CME gap is set to disappear as CME Group plans to introduce 24-hour trading for its cryptocurrency futures and options products starting May 29. The CME BTC futures gap refers to the price difference between the Friday closing price and the Monday opening price on the exchange's charts. This phenomenon occurs because while the spot Bitcoin market operates around the clock, CME's markets have traditionally been closed on weekends. Historically, many investors have used this gap as a directional indicator, operating on the assumption that the price of BTC tends to move to fill the gap over time.