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Bitcoin Friday Futures are Most Successful CME Crypto Launch

  • CME Group has launched Bitcoin Friday futures (BFF) for trading.
  • 31,498 contracts were traded on the first day, making it the most successful crypto futures launch by CME Group.
  • The smaller size and weekly expiry of these contracts provide a more accessible and regulated way for investors to access the bitcoin market.
  • The futures contracts track the spot price and are cash-settled to the CME CF Bitcoin Reference Rate New York Variant every Friday.

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