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Bitcoin's New Options Emerge: CME Group Explores Crypto Flexibility with BFF

by aria-crypto.com

January 30, 2025 at 10:53


Bitcoin's New Options Emerge: CME Group Explores Crypto Flexibility with BFF



Chicago Mercantile Exchange Group (CME) has announced the introduction of options for its Bitcoin Friday Futures (BFF), starting February 24, pending regulatory approval. BFF, CME's most successful cryptocurrency product to date, saw over 775,000 contracts traded since its inception on September 29. These options are financially settled and available Monday through Friday, enhancing risk management tools for traders. CME Group's Global Head of Cryptocurrency Products, Giovanni Vicioso, highlighted that the new options allow for greater precision in managing short-term bitcoin price fluctuations. The daily expirations and smaller contract sizes aim to provide market participants with more efficient ways to adjust their bitcoin exposure. Overall, CME’s addition of options to the Bitcoin Friday Futures reflects a strategic expansion of its crypto derivatives offerings, catering to a demand for more nuanced financial instruments in the digital asset space.


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