Overview
- Cboe’s Continuous futures are single contracts with 10-year terms that use daily cash adjustments tied to spot prices via a transparent funding-rate methodology.
- The products are slated to list on Cboe Futures Exchange and will be cleared by Cboe Clear U.S., a derivatives clearing organization regulated by the CFTC.
- Cash settlement and the long-dated design remove the need to roll positions and avoid any movement or custody of bitcoin or ether.
- Cboe says the contracts are intended for institutional participants, existing CFE customers, and retail traders seeking regulated crypto derivatives exposure.
- Cboe’s Options Institute will host public education sessions on Oct. 30 and Nov. 20 as regulators continue work on crypto market rules, including an SEC–CFTC roundtable on Sept. 29.