CME Group to launch Bitcoin Friday Futures Options (BFF) on February 24

Odaily News According to TheBlock, the Chicago Mercantile Exchange (CME Group), the world's largest financial derivatives exchange operator, announced today that it plans to launch Bitcoin Friday Futures (BFF) on February 24, and is currently awaiting regulatory approval. BFF will be the first batch of cash-settled cryptocurrency options offered by the Chicago Mercantile Exchange, with expiration dates every weekday from Monday to Friday. These contracts are small in size (only 1/50 of a BTC each) and expire daily, providing market participants with a set of capital-efficient tools to effectively adjust their Bitcoin exposure, suitable for both institutional investors and active retail traders.