Cboe to Launch Bitcoin and Ether Continuous Futures on December 15
- Cboe Global Markets will introduce Bitcoin Continuous Futures (PBT) and Ether Continuous Futures (PET) on December 15.
- These contracts will have a ten-year expiration and are cash-settled, with daily funding adjustments based on spot prices.
- The products aim to provide long-term crypto exposure without the need for rolling contracts, appealing to hedge funds and sophisticated retail traders.
- Trading hours will be nearly continuous from Sunday at 6 p.m. to Friday at 5 p.m. ET, with a one-hour break each day.
- Cboe’s offerings are designed to meet U.S. regulatory standards, differentiating them from popular offshore perpetual futures.
The introduction of these continuous futures reflects the growing demand for regulated crypto derivatives in the U.S., allowing investors a controlled way to gain leveraged exposure to digital assets like Bitcoin and Ether.
With Bitcoin priced at $92,167.99 and Ether at $3,021.96, Cboe’s new products could significantly impact trading strategies for institutional investors.(Source)
