CME Group’s Bitcoin Friday Futures (BFF) launched on September 29 with a record-breaking first-day trading volume of over 31,498 contracts, making it the most successful crypto futures debut. Sized at one-50th of a Bitcoin, these contracts are cash-settled weekly every Friday based on the CME CF Bitcoin Reference Rate New York Variant (BRRNY), allowing traders to hedge or speculate on short-term Bitcoin price movements. The contracts are listed every Thursday. Source: Cointelegraph
