Bitcoin Cash rose 27.71% after CME Group announced plans to launch regulated BCH Futures on October 19, pending full regulatory review. The announcement drove a sharp market response before trading begins, with spot volume climbing 285.6% to $1.38 billion and derivatives volume surging 300.13% to $2.35 billion. Open Interest (OI), the value of outstanding derivatives positions, increased 38.71% to $588.06 million, indicating fresh exposure as BCH appreciated. On the weekly chart, BCH broke above a descending channel and crossed the $309.2 change of character (CHoCH) level before reaching $340.6, just below $346.9 resistance. A break above $346.9 could expose the $480 region, while rejection could return BCH toward $309.2. RSI rose to 54.31 and MACD strengthened above its signal line, with the positive histogram reaching 17.8. CoinGlass recorded roughly $420.15K in liquidations, including $288.78K from long positions and $131.37K from shorts. CME's planned launch could broaden institutional participation, while rising leverage leaves BCH more exposed to sudden positioning shifts near $346.9.