Cboe to Launch Bitcoin, Ethereum Futures in November
- Cboe announces launch of continuous futures for Bitcoin, Ethereum.
- Scheduled for debut on November 10, 2025.
- Expansion aims at US-based institutional and retail investors.
Cboe Global Markets Inc. will launch continuous futures contracts for Bitcoin and Ethereum on November 10, 2025, pending regulatory approval, offering US traders long-term exposure in a regulated framework.
This launch represents a significant step for US-based crypto derivatives, offering investors regulated, perpetual-style exposure, aligning with offshore markets, and potentially influencing broader institutional participation.
Cboe Global Markets has announced plans to introduce continuous futures contracts for Bitcoin (BTC) and Ethereum (ETH). The official launch is scheduled for November 10, 2025, contingent upon regulatory review. This marks a significant expansion in crypto derivatives.
The futures will be listed on the Cboe Futures Exchange and settled by Cboe Clear US, according to company statements. Catherine Clay, Global Head of Derivatives at Cboe, highlights its capacity to provide regulated crypto exposure for institutional and retail participants. As Clay eloquently put it, “The launch brings perpetual-style utility that gained adoption in offshore markets to US traders,” targeting “institutional participants, existing Cboe Futures Exchange (CFE) customers, and retail traders seeking access to crypto derivatives.”
The move is expected to have considerable impact on both institutional investors and sophisticated retail traders, offering simplified long-term management. Providing a regulated framework mimics offshore perpetual contracts‘ utility, aligning them with US regulatory standards.
Market implications are profound, potentially stimulating increased institutional engagement in digital assets. These efforts also align with rising interest in securing digital asset exposure through regulated derivatives. Long-term exposure is key for US institutions and retail investors.
Cboe‘s legacy in crypto derivatives began with listing Bitcoin futures in 2017. The reintroduction and adaptation to regulatory needs mark an expanding institutional framework. Succeeding similar offshore models, it could propel trading volumes within regulated boundaries.
The initiative underscores a strategic move to incorporate institutional-grade products, anticipating increased demand by US market participants. Historical precedence alongside competitive products such as CME futures could reshape investor preferences towards US-regulated options.
