TL;DR
- Cboe Global Markets confirmed it will introduce continuous futures for Bitcoin and Ethereum on November 10, subject to regulatory approval. These contracts will feature a long 10-year duration, reducing the need for constant rollover.
- Designed as cash-settled instruments with daily funding adjustments, the products aim to bridge institutional-grade infrastructure with growing retail demand for crypto derivatives.
- The move highlights Cboe’s renewed commitment to expanding its digital asset offerings within a regulated US framework.
Cboe Global Markets announced on Tuesday that it will begin trading continuous Bitcoin and Ethereum futures this November, pending regulatory clearance. The products will be listed on the Cboe Futures Exchange and are designed as long-dated, single contracts that last up to a decade, offering a more streamlined structure compared to conventional short-term futures. The exchange has positioned these products as cash-settled instruments, with daily adjustments that keep pricing closely tied to spot market values.
This development represents a return to the crypto futures space for Cboe, which was the first US exchange to list Bitcoin futures in 2017 before pausing the program during a downturn. With market sentiment stronger today and institutional adoption at record levels, the timing signals renewed confidence in the long-term growth of digital assets.
Expanding Access To Crypto Derivatives
The new continuous futures provide a regulated alternative to offshore perpetual contracts, which have grown in popularity among global traders. By introducing a US-regulated product, Cboe is aiming to attract both professional institutions and an expanding pool of retail participants who want transparent access to crypto markets without leaving the protections of an established exchange.
Catherine Clay, global head of derivatives at Cboe, highlighted that the initiative brings perpetual-style contracts into a trusted environment. She also emphasized that these futures will be supported by Cboe Clear US, enhancing the exchange’s clearing capacity while offering participants confidence in counterparty risk management.
A Strategic Step In Market Evolution
Beyond Bitcoin and Ethereum, the introduction of continuous futures strengthens Cboe’s broader strategy of diversifying its offerings across asset classes. In recent months, the company has expanded both in Europe and the US, signaling that crypto remains an integral part of its long-term roadmap.
Industry observers note that these products could help normalize crypto derivatives trading in mainstream financial markets, creating a stronger bridge between digital assets and traditional finance. If adoption meets expectations, Cboe may extend the concept to other cryptocurrencies or integrate further innovations to match global demand.
The official launch is scheduled for November 10, 2025, marking a significant addition to Cboe’s futures portfolio and further aligning crypto with established financial infrastructure.
