**Bitcoin Friday Futures Debut with Record Trading Volume**

The Chicago Mercantile Exchange (CME) Group's new Bitcoin Friday Futures (BFF) launched on Sept. 29, smashing records with over 31,498 contracts traded on the first day. This makes it the most successful crypto futures launch ever, according to an Oct. 1 announcement.

Key Points:

- BFF contracts are sized at one-50th of a Bitcoin and settle every Friday.

- The product allows short-term hedging or speculation on Bitcoin prices.

- Contracts are listed every Thursday after Wall Street closes.

- The launch responds to rising demand for Bitcoin derivatives.

CME Group's BFF offers a more accessible and regulated way for investors to manage Bitcoin exposure, enhancing their ability to navigate market volatility.