Cboe to Launch Bitcoin (BTC), Ether (ETH) ‘Perpetual-Style’ Crypto Futures on Dec. 15
Cboe Global Markets will debut bitcoin and ether “continuous futures” on Dec. 15, making it the first U.S. exchange to offer crypto derivatives designed to function like perpetual futures.
The new contracts — Bitcoin Continuous Futures (PBT) and Ether Continuous Futures (PET) — will list on the Cboe Futures Exchange, and are aimed at traders who want long-term crypto exposure without the hassle of rolling expiring futures contracts. Each will have a 10-year expiration at listing and be cash-settled, with daily funding adjustments to maintain alignment with spot prices.
Cboe first announced the products in September, framing them as a response to the popularity of perpetual futures on offshore platforms….
