Cboe Global Markets has announced the launch of long-dated futures contracts for Bitcoin and Ether set for November 10, 2025, pending regulatory approval.
Launch of New Futures
Cboe is set to introduce continuous futures that, unlike traditional methods, will have a 10-year expiration and adjust their prices daily. These changes will simplify the management of long-term investments in Bitcoin and Ether.
Safety and Advantages
The continuous futures will be cash-settled and linked to real-time prices for Bitcoin and Ether. They will also utilize a transparent funding rate methodology, ensuring safety for traders. "Perpetual-style futures have gained strong adoption in offshore markets. Now, Cboe is bringing that same utility to our U.S.-regulated platform," said Catherine Clay from Cboe.
Regulation and Market
The upcoming launch is also aligned with new regulatory initiatives from the SEC and CFTC. On September 29, 2025, these agencies will host a joint roundtable to discuss regulating new crypto products, including perpetual futures. Collaborative efforts are expected to improve coordination and enhance the U.S. positioning in global financial markets.
The launch of continuous futures by Cboe represents a significant step in developing regulated products in cryptocurrency and responds to the growing demand from institutional investors.