Odaily Planet Daily News: CME Group (CME) announced that it plans to launch Bitcoin Friday futures (BFF) on September 30, 2024, providing a precise and flexible way to trade Bitcoin. Each BFF contract represents 1/50 of a Bitcoin, ensuring capital efficiency and accessibility. It is reported that these shorter-term Bitcoin futures contracts will expire at 4 pm (EST) every Friday and will be settled based on the CME CF Bitcoin Reference Price New York variant, which may be closer to the spot price of Bitcoin.