Catenaa, Thursday, September 11, 2025- Cboe Global Markets said Tuesday it will introduce continuous bitcoin and ether futures, marking the latest move to expand regulated crypto derivatives in the United States.
The contracts differ from traditional futures because they do not require frequent rolling. Instead, they function as single agreements lasting up to 10 years, designed to simplify position management.
Cboe said the contracts will be cash-settled and tied to spot market prices with daily adjustments, using a transparent funding rate methodology.
Trading is scheduled to begin November 10, pending regulatory approval. The contracts will be cleared through Cboe Clear US, a derivatives clearing organization regulated by the Commodity Futures Trading Commission.
Cboe executives said the products are intended to attract institutional participants and retail traders alike, replicating the popularity of perpetual-style futures already widely used on offshore exchanges.
They said US traders would gain exposure in a regulated environment that combines transparency with risk management.
Cboe, originally the Chicago Board Options Exchange, first listed bitcoin futures in 2017 but stopped adding contracts in 2019 after interest fell during a market downturn.
With renewed momentum in the digital asset sector, the exchange has recently sought approval for multiple exchange-traded funds tied to cryptocurrencies.
The new futures are expected to strengthen Cboe’s position as a major US venue for crypto-linked products, offering traders long-term, regulated access to digital asset derivatives.
