The CME (CME) will launch the Bitcoin Friday Futures (BFF) option, the price is 1/50 of the BTC

Panews News on January 30. According to the CME Group announcement, the Chicorne Institute plans to launch the Bitcoin Friday Futures (BFF) option on February 24. It is currently waiting for supervision approval. This period is a financial settlement product, and the target is a small Bitcoin futures contract (BFF) with the highest CME transaction volume, and it provides a choice of daily maturity during Monday to Friday.

CME cryptocurrency products Giovanni Vicioso said the option will provide more efficient tools to help investors manage short -term bitcoin price risks. Since its launch on September 30, 2024, the BFF contract has traded a total of 775,000 transactions, with a total transaction volume of 1.63 billion US dollars, of which 44% of the transactions occurred in the non -US market period, showing global demand.