CME Group, the world’s leading derivatives marketplace, has announced its plans to launch options on its Bitcoin ‘Friday’ futures contracts. This new offering is set to begin trading on February 24, 2025, pending regulatory review.
These options contracts will be the first financially settled cryptocurrency options offered by CME Group, marking a significant step in the evolution of cryptocurrency derivatives. The contracts will have daily expirations, from Monday to Friday, providing traders with increased flexibility and precision in managing their Bitcoin price risk.
This launch builds on the success of CME Group’s Bitcoin ‘Friday’ futures, which have seen substantial growth in trading volume since their introduction. The new options contracts are expected to further enhance the appeal of these futures, providing traders with a more comprehensive suite of tools for hedging and speculation.
The introduction of these options contracts is seen as a significant development for the cryptocurrency market, offering institutional investors and traders a regulated and efficient way to gain exposure to Bitcoin and manage their risk. The availability of daily expirations is particularly noteworthy, as it allows for more precise management of short-term price movements.
This move by CME Group further solidifies its position as a leader in the cryptocurrency derivatives market and underscores the growing institutional interest in digital assets. As the market continues to mature, the availability of sophisticated financial instruments like these option contracts is expected to play a crucial role in facilitating greater participation and liquidity.
