Cboe Eyes Long-Dated Crypto Futures Launch
Cboe Global Markets is seeking to introduce long-dated versions of perpetual Bitcoin and Ether futures to the US market. The exchange announced plans to launch these futures on November 10, contingent upon regulatory approval. Perpetual futures, which lack an expiration date, have become a central component of offshore cryptocurrency trading, driving significant volume on platforms like Binance and OKX. These instruments enable traders to make leveraged bets on prices continuously, without the need for token delivery.
Cboe’s proposed “continuous futures” are designed to capture this existing demand within a regulated framework. The contracts will feature 10-year terms and daily price adjustments. This structure aims to…