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Cboe to Launch Bitcoin, Ethereum Perpetual Futures on Dec 15 with 24×5 Trading
- Cboe Global Markets, Inc. will launch Cboe Bitcoin Continuous Futures (PBT) and Cboe Ether Continuous Futures (PET) on Dec. 15.
- The products are US-regulated and centrally cleared through Cboe Clear US, a CFTC-regulated derivatives clearing organization.
- Trading will occur 24x5 from Sunday to Friday, between 6 p.m. and 5 p.m. EST.
- PBT and PET provide long-term exposure to Bitcoin and Ethereum without the need for contract rollovers.
- The contracts feature daily cash adjustments and have a 10-year expiration at listing.
- This move aligns with a growing market for cryptocurrency futures, with Singapore Exchange Derivatives (SGX) also launching similar products on Nov. 24.