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

Cboe Global Markets is set to introduce Bitcoin Continuous Futures (PBT) and Ether Continuous Futures (PET) on December 15, which are tailored for institutional and advanced retail traders seeking long-term exposure to cryptocurrencies without the need to roll over contracts. These cash-settled futures will feature 10-year expirations and daily funding adjustments to track spot prices closely. This initiative addresses the demand for regulated crypto derivatives similar to perpetual futures, which have become popular on offshore platforms. Unlike these, Cboe's contracts will adhere to U.S. regulatory standards, handled through a CFTC-regulated clearinghouse. These products are designed to streamline portfolio management and enable leveraged exposure to digital assets while minimizing regulatory risks associated with offshore trading platforms. They will support trading nearly around the clock, with provisions for shorting and margin trading against other Cboe crypto futures.

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