CME Group to Launch Options trading on Bitcoin Friday Futures
Chicago Mercantile Exchange Group (CME), the world’s leading derivatives marketplace, says it will introduce options on Bitcoin Friday futures on February 24. The move follows CME’s decision to launch XRP and SOL Futures in February as well, all pending regulatory approval. JUST IN: CME Group to launch options trading on Bitcoin Friday Futures. — Watcher.Guru (@WatcherGuru) January 29, 2025 “We are pleased to offer these new options that provide traders with even greater precision to manage short-term bitcoin price risk,” said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. “Building on the success of our Bitcoin Friday futures, the smaller size of these contracts, along with daily expiries, offer market participants a capital-efficient toolset to effectively adjust their Bitcoin exposure.” These new contracts will be the first CME Group cryptocurrency options to be financially settled, according to a CME press release. The contra...