Cboe Global Markets has unveiled plans to launch Cboe continuous futures on Cboe Futures Exchange (CFE).
Specifically, the new product suite will encompass bitcoin and ether continuous futures and is set to provide traders with access to perpetual-style futures within a US-regulated, centrally cleared and intermediated environment.
The contracts are set to be single and long-dated with a 10-year expiration, in an effort to simplify position management and reduce the need to roll positions over time.
Similarly, Cboe continuous futures will also be cash-settled and daily cash adjustments will allow the contracts to be aligned to real-time spot market prices, such as the spot prices of bitcoin and ether.
Speaking at the HOOD Summit in Las Vegas, Catherine Clay, global head of derivatives at Cboe, said: “Perpetual-style futures have gained strong adoption in offshore markets. Now, Cboe is bringing that same utility to our US-regulated futures exchange and enabling US traders to access these products with confidence in a trusted, transparent and intermediated environment.”
The upcoming launch marks a step forward for Cboe’s growing product innovation roadmap, and expands the exchange’s CFE suite, which covers products based on equity volatility, digital assets and global fixed income, as well as its flagship Cboe Volatility Index (VIX) futures.
The launch is scheduled for 10 November 2025, pending regulatory review.
Clay added: “We expect Continuous futures to appeal to not only institutional market participants and existing CFE customers, but also to a growing segment of retail traders seeking access to crypto derivatives. As we continue to expand CFE’s offerings to serve all types of market participants, these futures are a next step to advancing our product innovation roadmap.”
The new futures contracts will also be cleared through Cboe Clear US, contributing to the expansion of the exchange’s clearing capabilities.
The launch also aligns with further developments for the exchange in recent months, and in July 2025, Cboe Europe announced that it would unveil a trading service on its lit order book aimed at retail investors on 8 September.
The new service is set to allow retail investors to trade free of charge across 18 of Europe’s markets, either at or better than the European best bid and offer (EBBO).