I ran it through two hot wash cycles, ending it before the spin cycle started, and then I put it in the dryer for an hour and a half and air-dried it the rest of the way.
I showed it to some friends who use cloth diapers, and they said it is the perfect size for a newborn. I was pretty excited. They recommended I make the next ones in the next size up, since newborn size does not fit for very long. Now I just need my baby girl so I can try it on her.