Cboe to Launch Continuous Bitcoin Futures on December 15
Cboe announced it will launch Bitcoin Continuous Futures on December 15, pending regulatory approval.Summary
Cboe Global Markets plans to launch Bitcoin Continuous Futures (PBT) and Ethereum Continuous Futures on its Cboe Futures Exchange (CFE) starting December 15, pending regulatory approval. These new contracts are designed to offer traders long-term, perpetual-style exposure to Bitcoin and Ether without the operational burden of manually rolling over traditional futures contracts every few months. The contracts feature a 10-year expiration and use a daily cash adjustment mechanism to align the futures price with the underlying asset's spot price, utilizing real-time data from Kaiko. Rob Hocking of Cboe noted that this brings perpetual futures trading into a U.S.-regulated, transparent environment. The contracts will be cash-settled and centrally cleared through the CFTC-regulated Cboe Clear U.S., reducing counterparty risk and offering regulatory oversight.
(Source：Bitcoin Magazine)