{"id":10460,"date":"2025-01-30T11:00:16","date_gmt":"2025-01-30T11:00:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10460"},"modified":"2025-01-30T11:00:16","modified_gmt":"2025-01-30T11:00:16","slug":"bitcoin-friday-futures-cme-groups-top-crypto-launch-adds-options-in-february","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10460","title":{"rendered":"Bitcoin Friday Futures: CME Group\u2019s Top Crypto Launch Adds Options in February"},"content":{"rendered":"<div>\n<p>Chicago Mercantile Exchange Group announced it will introduce options on <a href=\"https:\/\/www.coindesk.com\/markets\/2024\/10\/15\/cmes-bitcoin-friday-futures-are-ideal-for-news-traders-cf-benchmarks\" target=\"_blank\">Bitcoin Friday Futures<\/a> (BFF) starting on Feb. 24, pending regulatory approval. <\/p>\n<p>According to the <a href=\"https:\/\/www.cmegroup.com\/media-room\/press-releases\/2025\/1\/29\/cme_group_to_launchoptionsonbitcoinfridayfutures.html\" target=\"_blank\">press release<\/a>, BFF was CME Group&#8217;s most successful cryptocurrency launch. More than 775,000 contracts traded since launch on Sept. 29. The average daily volume was 9,700 contracts and 44% of contracts were traded during non-U.S. hours. One contract is worth one-50th of one BTC with BFF racking up $1.63 billion in volume since launch.<\/p>\n<p>These financially settled contracts will expire every day of the business week, Monday through Friday, providing traders with more risk management tools.<\/p>\n<p>According to Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, these contracts will see smaller contract sizes and daily expirations and offer investors a more efficient toolset to adjust bitcoin exposure.<\/p>\n<p>&#8220;We are pleased to offer these new options that provide traders with even greater precision to manage short-term bitcoin price risk, building on the success of our Bitcoin Friday futures, the smaller size of these contracts, along with daily expiries, offer market participants a capital-efficient toolset to effectively adjust their bitcoin exposure.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chicago Mercantile Exchange Group announced it will introduce options on Bitcoin Friday Futures (BFF) starting on Feb. 24, pending regulatory approval. According to the press release, BFF was CME Group&#8217;s most successful cryptocurrency launch. More than 775,000 contracts traded since launch on Sept. 29. The average daily volume was 9,700 contracts and 44% of contracts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10460","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10460"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10460\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}