Cboe Global Markets is set to introduce new Bitcoin and Ether 'Continuous Futures' on December 15, providing long-term, perpetual-style exposure to these cryptocurrencies on its futures exchange. The contracts will feature a 10-year term with daily cash adjustments to emulate perpetual futures, eliminating the need for rolling over expiring positions. Futures contracts allow traders to buy or sell assets at predetermined prices on future dates, serving as tools for hedging and speculation. Cboe aims to offer traditional futures market benefits, such as capital efficiency and volatility hedging, while minimizing counterparty risk through Cboe Clear US. The contracts will adhere to CFTC margin standards and may allow cross-margining with existing Cboe crypto futures. Subject to regulatory approval, trading will occur 23 hours a day, five days a week. Cboe, a US exchange operator, has been expanding its crypto derivatives offerings, reflecting a shift in regulatory attitudes under the Trump administration. Read more AI-generated news on: https://app.chaingpt.org/news