Subject to regulatory approval, US financial exchange operator Cboe Global Markets will launch perpetual futures on December 15. Bitcoin и эфириум, which will be called «continuous» futures.
The new products are designed to «provide traders with long-term access to Bitcoin and Ethereum without the operational burden of rolling contracts,» Cboe stated. Each futures contract will have a 10-year expiration date and daily cash adjustments to maintain alignment with the underlying asset.
Because perpetual futures have historically been traded overseas, Cboe is pleased to help expand access to these products in a regulated, transparent, and broker-friendly environment in the United States.
Cboe’s Continuous Futures structure is designed to provide streamlined and efficient portfolio and risk management, as well as provide investors with a controlled, leveraged way to gain exposure to digital assets, he said. Head of Derivatives at Cboe Rob Hawking.
DEX perpetual futures trading volumes surpassed $1 trillion in September, the highest ever.
The introduction of perpetual futures in regulated US markets addresses the real needs of institutional investors seeking effective long-term cryptocurrency investing.
These perpetual futures eliminate the operational complexities associated with rolling positions while maintaining the transparency and control that regulated markets provide, she said. Managing Director of Derived Data at Kaiko Anne-Claire Maurice.
Cboe PBT perpetual contracts for Bitcoin and PET for эфириум will trade Sunday through Friday. Products will be linked to Cboe Kaiko rates in real time, and open positions will be subject to a daily funding amount to maintain alignment with spot prices.