Share this article
Bitcoin Friday Futures: CME Group’s Top Crypto Launch Adds Options in February
These new financially settled contracts will expire daily from Monday to Friday.
Updated Jan 30, 2025, 10:47 a.m. Published Jan 30, 2025, 10:47 a.m.
What to know:
- CME Group announced it will launch in February options on bitcoin friday futures pending regulatory approval.
- These new contracts will be financially settled and expires every day of the business week, Monday to Friday.
Chicago Mercantile Exchange Group announced it will introduce options on Bitcoin Friday Futures (BFF) starting on Feb. 24, pending regulatory approval.
According to the press release, BFF was CME Group's most successful cryptocurrency launch. More than 775,000 contracts traded since launch on Sept. 29. The average daily volume was 9,700 contracts and 44% of contracts were traded during non-U.S. hours. One contract is worth one-50th of one BTC with BFF racking up $1.63 billion in volume since launch.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
These financially settled contracts will expire every day of the business week, Monday through Friday, providing traders with more risk management tools.
According to Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, these contracts will see smaller contract sizes and daily expirations and offer investors a more efficient toolset to adjust bitcoin exposure.
"We are pleased to offer these new options that provide traders with even greater precision to manage short-term bitcoin price risk, 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."
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens
Bitcoin remains trapped in a range despite the U.S. rate cut, while altcoins and memecoins struggle to attract risk appetite amid shifting investor behavior.
What to know:
- BTC briefly dipped below $90,000 after Wednesday's 25 basis-point U.S. rate cut before rebounding, but price action lacked a clear fundamental catalyst.
- Tokens such as JUP, KAS and QNT posted double-digit weekly losses, while CoinMarketCap’s altcoin season index fell to a cycle low of 16/100.
- CoinDesk’s Memecoin Index is down 59% year-to-date versus a 7.3% decline in the CD10, highlighting a shift from retail-driven hype to more institutionally led, slower-moving markets.
Top Stories
