CME to Launch Bitcoin Friday Futures in September 2024

According to Foresight News, the Chicago Mercantile Exchange (CME) is set to launch Bitcoin Friday Futures (BFF) on September 30, 2024. Each BFF contract will represent 1/50th of a Bitcoin. These short-term contracts will expire every Friday at 4:00 PM and will be settled based on a variant of the CME CF Bitcoin Reference Rate New York, which may more closely match the spot price of Bitcoin.#BTC