Cboe to Launch Bitcoin (BTC), Ether (ETH) ‘Perpetual-Style’ Crypto Futures on Dec. 15

Cboe Global Markets is set to debut Bitcoin and Ether continuous futures on December 15, marking a significant milestone as the first U.S. exchange to offer derivatives that resemble perpetual futures. These cash-settled contracts will feature 10-year expirations and will utilize daily funding to align with spot prices, eliminating the need for rollovers typically associated with traditional futures. Aimed at both institutions and sophisticated retail traders, these products allow for long-term exposure to cryptocurrencies under a compliant framework. The new contracts will trade on the Cboe Futures Exchange, providing an alternative for hedge funds and asset managers seeking regulated crypto options. Unlike offshore perpetual futures, Cboe's offerings will operate within U.S. regulatory standards, with clearing managed by a CFTC-regulated clearinghouse. Trading hours will run nearly around the clock, providing flexibility for market participants.

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