Bitcoin Cash rose 28% over 24 hours, becoming the best-performing asset among the 100 largest cryptocurrencies by market capitalization. BCH traded near intraday highs of $330 to $347, lifting its market value into the $6 billion to $7 billion range as volumes topped $1 billion. The rally followed CME Group’s plan to launch Bitcoin Cash futures on October 19, 2026, subject to regulatory approval, and Grayscale’s filing around September 11 to convert its BCH Trust into a spot ETF (exchange-traded fund holding the asset directly) on NYSE Arca. CME plans standard contracts covering 250 BCH and micro contracts covering 25 BCH. The move reflects sentiment and positioning around regulated market access rather than a protocol upgrade. BCH’s annual updates target scalability and smart contract functionality, but none coincided with the rally. The token also gained roughly 29% in August 2026 amid macroeconomic tailwinds. With about 20.09 million coins circulating against a 21 million hard cap, BCH could gain broader institutional infrastructure if both products receive approval. The October 19 futures date is the next key milestone, while any regulatory delay or rejection could pressure the recent gains. BCH’s price stability in the $300-$340 range will depend on whether the volume reflects new positions or short-term momentum trading.