CBOE的加密货币Leap：比特币和以太坊期货即将到达Main Street

CBOE将推出比特币和以太坊期货，旨在将受监管的加密衍生品带给更广泛的我们的观众。获取改变游戏规则的举动！

Cboe's Crypto Leap: Bitcoin and Ethereum Futures are Coming to Main Street

CBOE的加密货币Leap：比特币和以太坊期货即将到达Main Street

Cboe is diving deeper into the crypto world! They're gearing up to launch continuous futures for Bitcoin and Ethereum, aiming to bring regulated crypto derivatives to a wider U.S. audience. It's like Wall Street finally decided to throw a crypto party, and everyone's invited!

CBOE正在深入进入加密世界！他们正准备为比特币和以太坊推出连续的未来，旨在将受监管的加密衍生品带给更广泛的我们的观众。就像华尔街终于决定举行加密派对一样，每个人都受到邀请！

Cboe's Bold Move: Continuous Futures for BTC and ETH

CBOE的大胆举动：BTC和ETH的连续未来

Cboe Global Markets is planning to roll out continuous futures contracts for Bitcoin and Ether on its Cboe Futures Exchange (CFE) starting November 10, 2025, pending regulatory approval. The exchange is looking to provide perpetual-style futures in a U.S.-regulated environment. What does this mean? Think of it as a way for traders to get long-term exposure to Bitcoin and Ethereum without the hassle of constantly rolling over contracts. It’s designed to give U.S. traders long-term, regulated exposure to digital assets without the operational complexity of rolling contracts.

CBOE Global Markets计划从2025年11月10日开始在其CBOE期货交易所（CFE）上推出比特币和Ether的连续期货合约，等待监管批准。该交易所希望在美国监管的环境中提供永久性的期货。这是什么意思？将其视为交易者长期接触比特币和以太坊的一种方式，而不会不断付出合同的麻烦。它旨在使我们的贸易商长期受监管的数字资产接触，而无需滚动合同的运营复杂性。

Why Continuous Futures?

为什么要连续未来？

Unlike traditional futures that need regular rollovers, Cboe’s continuous futures will be structured as single contracts with a 10-year expiration. The contracts will be cash-settled and tied to the real-time spot prices of Bitcoin and Ether, adjusted daily through a transparent funding rate model. Catherine Clay, Cboe’s Global Head of Derivatives, said that perpetual-style futures have gained strong adoption in offshore markets and now, Cboe is bringing that same utility to the U.S.-regulated exchange.

与需要定期翻车的传统未来不同，CBOE的连续期货将被构成单一合同，到期10年。合同将被现金分配，并与比特币和以太的实时现货相关，每天通过透明的融资率模型进行调整。 CBOE的全球衍生产品负责人凯瑟琳·克莱（Catherine Clay）表示，永久性期货在离岸市场中获得了强大的收养，现在，CBOE正在为美国监管的交易所带来同样的效用。

What It Means for the Crypto World

这对加密世界意味着什么

This move is a big deal for a few reasons. First, it offers a regulated way for institutional investors and retail traders to get involved with crypto derivatives. Second, it could potentially unlock even more innovation in the Bitcoin DeFi space. It's like Bitcoin finally getting a smart brain, as some projects are aiming to integrate Bitcoin more deeply into the DeFi ecosystem, making it profitable while maintaining liquidity.

这一举动很大，原因有一些。首先，它为机构投资者和零售商人提供了一种受管制的方式，以参与加密衍生品。其次，它可能会在比特币Defi空间中解锁更多创新。就像比特币终于获得了一个聪明的大脑一样，有些项目的目的是将比特币更深入地整合到Defi生态系统中，从而使其在维持流动性的同时获得盈利。

My Take: A Maturing Market

我的看法：成熟的市场

In my opinion, Cboe's decision to launch these futures signals a maturing crypto market. It shows that traditional financial institutions are taking crypto seriously and are looking for ways to offer regulated products to their clients. Also, with the Bitcoin DeFi ecosystem experiencing massive growth, these futures could open doors for more complex Bitcoin financial products. I believe that as infrastructure improves and interoperability between different protocols increases, a complete Bitcoin financial ecosystem will emerge.

我认为，CBOE决定推出这些期货的决定标志着一个成熟的加密市场。它表明，传统金融机构正在认真对待加密货币，并正在寻找向客户提供受监管产品的方法。同样，随着比特币型生态系统的增长巨大，这些未来可以为更复杂的比特币金融产品打开大门。我相信，随着基础设施在不同协议之间提高和互操作性的增加，将会出现一个完整的比特币金融生态系统。

The Road Ahead

前面的道路

To support adoption, Cboe’s Options Institute will host educational sessions to give traders a chance to understand the mechanics of Continuous futures ahead of launch. This is just the beginning, folks. As the regulatory environment clarifies, compliant Bitcoin DeFi products will have even greater room for development.

为了支持采用，CBOE的期权研究所将举办教育会议，使交易者有机会在发布前了解连续未来的机制。伙计们，这只是一个开始。正如监管环境所澄清的那样，兼容的比特币偏defi产品将为开发空间更大。

So, buckle up! The world of Bitcoin, Ethereum, and regulated derivatives is about to get a whole lot more interesting. Who knows? Maybe one day, we'll all be trading crypto futures while sipping coffee and watching the sunrise over Wall Street.

所以，搭扣！比特币，以太坊和受管制衍生物的世界将变得更加有趣。谁知道？也许有一天，我们都会在喝咖啡并观看华尔街上的日出时交易加密货币期货。