The CME Bitcoin futures contract delivery time is from 7 a.m. (U.S. Eastern Time) to 4 p.m. (U.S. Eastern Time) on the penultimate Monday of the contract month. Delivery contract methods include physical delivery and cash settlement, and most contracts are settled in cash. The delivery price is determined by the CME CF Bitcoin Reference Rate (BRR). The delivery date may be adjusted due to holidays, and failure to deliver on time will result in penalties. Cash-settled delivery prices may differ from spot market prices.
CME Bitcoin futures delivery day time
The delivery day of CME Bitcoin futures contract starts from 7 am (US Eastern Time) on the penultimate Monday of its contract month and ends at 4 pm that day Click End. Therefore, the closing time is:
The Delivery Process
On the Closing Day, Position holders can choose to deliver the contract through the following methods:
Most CME Bitcoin futures contracts are cash-settled.
Delivery Price
The delivery price is determined based on the CME CF Bitcoin Reference Rate (BRR). BRR is a weighted average of Bitcoin prices provided by multiple regulated cryptocurrency exchanges.
Notes
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