Cboe plans Bitcoin, Ether continuous futures launch Nov. 10

Published 09/09/2025, 15:04

Cboe Global Markets Inc. (Cboe: CBOE) announced plans to launch continuous futures contracts for bitcoin and ether on November 10, 2025, pending regulatory review.

The new products will trade on Cboe Futures Exchange and are structured as single, long-dated contracts with 10-year expirations. Unlike traditional futures that require periodic rolling, these contracts aim to reduce the need for position management over time.

The contracts will be cash-settled and aligned to real-time spot market prices through daily cash adjustments, using what the company describes as a transparent funding rate methodology. The products will be cleared through Cboe Clear U.S., a CFTC-regulated derivatives clearing organization.

"Perpetual-style futures have gained strong adoption in offshore markets. Now, Cboe is bringing that same utility to our U.S.-regulated futures exchange," said Catherine Clay, Global Head of Derivatives at Cboe, during remarks at the HOOD Summit in Las Vegas.

The launch builds on Cboe’s existing CFE product suite, which includes VIX futures and other derivatives based on equity volatility, digital assets and fixed income. The Options Institute will host educational courses on the new products on October 30 and November 20.

Cboe operates derivatives and securities exchanges across North America, Europe and Asia Pacific. The company’s current product offerings span multiple asset classes including equities, derivatives and foreign exchange.

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