CBOE to Launch Bitcoin and Ethereum Continuous Futures on November 10
- CBOE Global Markets plans to introduce continuous futures contracts for Bitcoin and Ethereum on November 10, pending regulatory review.
- The contracts will feature long-dated instruments with a unique structure allowing for ten-year expirations, eliminating the need for periodic rolling.
- These cash-settled futures will adjust daily based on real-time spot market prices using a transparent funding rate methodology.
- CBOE Clear US, regulated by the CFTC, will oversee the clearing of these contracts within a compliant framework.
- The launch is aimed at institutional participants and retail traders seeking access to crypto derivatives.
This initiative aligns with increased regulatory efforts between the SEC and CFTC to harmonize digital asset oversight, addressing fragmented regulations that have hindered innovation in the U.S. markets.
CBOE’s introduction of continuous futures represents a significant step towards compliant trading options in the U.S., targeting both institutional and retail traders as they prepare for new opportunities in crypto derivatives.(Source)
