• CBOE is evaluating perpetual Bitcoin and Ether futures following recent regulatory approvals in the United States.
• Kalshi’s crypto perpetual futures generated more than US$8.5 billion in trading volume within weeks of launch.
• Growing competition is increasing pressure on traditional exchanges, crypto platforms and decentralised trading venues.

CBOE Global Markets is considering converting its Bitcoin (CRYPTO:BTC) and Ether (CRYPTO:ETH) futures into perpetual contracts after Kalshi recorded more than US$8.5 billion in crypto perpetual futures trading volume within weeks of launch.

The review follows a decision by the U.S. Commodity Futures Trading Commission to allow Kalshi to offer cryptocurrency perpetual futures, creating a new…