Almost Perpetual? CBOE to Offer 'Continuous' Bitcoin, Ethereum Futures

Cboe Global Markets has announced the launch of 'continuous futures' for Bitcoin and Ethereum, aiming to provide a regulated alternative to perpetual futures that have historically been traded offshore. These products are designed to function similarly to perpetual futures, with a 10-year lifecycle and daily cash adjustments. Rob Hocking, Cboe's Global Head of Derivatives, highlighted the initiative as a response to growing demand among traders for U.S.-regulated, transparent markets. The new futures will help eliminate the need for traders to roll over contracts, thus providing a more streamlined approach for institutional investors. This move comes as other exchanges, like the CME, have also introduced innovative futures products targeting crypto assets. As of now, Bitcoin futures contracts are valued at approximately $65.8 billion, with Cboe and CME playing significant roles in this market. The debut of these continuous futures is expected to occur next month, providing a new avenue for traders and institutions to engage with these digital assets.

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