Cboe's Crypto Leap: Continuous Bitcoin and Ethereum Futures Arrive!

Cboe is set to launch innovative Bitcoin and Ethereum futures, offering a regulated alternative to offshore perpetual futures. Get ready for a new era of crypto trading!

Cboe's Crypto Leap: Continuous Bitcoin and Ethereum Futures Arrive!

Cboe Global Markets is shaking up the crypto derivatives scene! They're launching Continuous futures contracts for Bitcoin and Ethereum, pending regulatory approval, set to hit the Cboe Futures Exchange (CFE) on November 10, 2025. Think of it as a fresh, regulated twist on those perpetual futures you see offshore.

What's the Big Deal?

These aren't your run-of-the-mill futures. Cboe's Continuous futures are designed as single contracts with a 10-year expiration, cash-settled, and tied to real-time spot prices of Bitcoin and Ether. The daily adjustments are done through a transparent funding rate model, mirroring the popular perpetual futures but within a U.S.-regulated environment. Catherine Clay, Cboe’s Global Head of Derivatives, nailed it when she said Cboe is bringing that same utility to our U.S.-regulated exchange.

Why Should You Care?

For U.S. traders, this means long-term, regulated exposure to digital assets without the hassle of constantly rolling contracts. Cboe is looking to attract institutional investors, existing CFE customers, and even retail traders eager for regulated crypto derivatives. It's a strategic move to expand Cboe’s product suite beyond VIX futures and strengthen its global derivatives footprint.

The Regulated Route

Clearing will be handled by Cboe Clear U.S., a CFTC-regulated clearinghouse. This is all about transparency and risk management in the wild world of crypto markets. Cboe isn’t just throwing another product out there; they’re building a compliant framework.

Get Ready to Trade

Want to get in on the action? Cboe’s Options Institute is hosting educational sessions on October 30 and November 20. Time to brush up on Continuous futures before the launch!

The Bigger Picture

This initiative could be a game-changer for integrating perpetual-style digital asset futures into the U.S. financial system. It's also worth noting the surge in Ethereum futures open interest on CME, hitting all-time highs, signaling growing institutional interest in the space. While Bitcoin futures volume on Binance has been impressive, Cboe's move aims for a different kind of market—one built on regulation and trust.

Final Thoughts

Cboe's new offering of Bitcoin and Ether continuous futures shows great innovation and foresight for the crypto market. While other exchanges like Binance show massive BTC futures volumes, Cboe is focused on a regulated market that is friendly to both institutional and retail traders. As Cboe solidifies its position at the intersection of digital assets and traditional finance, this initiative promises a more robust and regulated ecosystem for everyone involved.

So, are you ready to dive into the world of Continuous futures? It looks like the future of crypto derivatives is getting a whole lot more interesting!