BCH Surges 28% on CME Futures Announcement and Grayscale's Spot ETF Filing

Bitcoin Cash has taken the top spot among the 100 largest cryptocurrencies by market capitalization, surging 28% in just 24 hours to push its price towards intraday highs of $330 to $347.

This significant gain vaulted BCH's market capitalization into the $6-7 billion range and saw trading volumes exceed $1 billion during the session.

The catalyst behind this rally is largely attributed to CME Group's announcement that it plans to launch Bitcoin Cash futures contracts on October 19, 2026, pending regulatory approval.

Additionally, Grayscale filed to convert its existing BCH Trust into a spot ETF that would trade on NYSE Arca around September 11.