Cboe to launch perpetual-style Bitcoin and Ether futures in US
The exchange’s 10-year Bitcoin and Ether contracts mimic perpetuals through daily cash adjustments, giving users a regulated way to trade crypto futures in the US.
Cboe Global Markets plans to launch new Bitcoin and Ether “Continuous Futures” on Dec. 15, offering long-term, perpetual-style exposure to both assets on its futures exchange.
According to a Monday announcement from the company, the contracts come with a 10-year term and a daily cash adjustment meant to mirror the economics of perpetual futures, removing the need to roll expiring positions.
Futures are standardized contracts that let traders buy or sell an asset at a set price on a future date, often used for hedging or speculation.