According to PANews, CF Benchmarks CEO Sui Chung said that CME’s Bitcoin Friday futures “BFF” are suitable for news traders who bet on the release of key U.S. economic data.

On September 30, CME launched the cash-settled “Bitcoin Friday Futures”, which is 1/50 of the size of BTC and reduces margin requirements, making futures products accessible to retail investors. The BFF contract settles every Friday at 16:00 New York time and tracks the Bitcoin reference rate of Cf Benchmark.

Sui Chung also said that BFF futures bring low basis, low rollover costs and more targeted trading strategies to news traders. Its shorter term limits the gap between futures and spot prices, ensures lower premiums and improves profitability. The futures expiration date is consistent with the daily net value calculation of US-listed spot ETFs, enhancing market liquidity and making the price discovery mechanism more efficient.