The CME Group plans to launch Bitcoin Friday Futures Options (BFF) on February 24th.

BlockBeats News, January 30th, According to The Block, CME Group, the world's largest financial derivatives exchange operator, announced today that it plans to launch Bitcoin Friday Futures (BFF) on February 24th, pending regulatory approval.

BFF will be the first batch of cash-settled cryptocurrency options offered by the Chicago Mercantile Exchange, with expiry dates on every weekday from Monday to Friday. These contracts are small in scale (with each unit representing only 1/50 BTC), expiring daily, providing market participants with a capital-efficient tool to efficiently adjust their Bitcoin exposure, suitable for both institutional investors and active retail traders.