Institutional Product Launch: Today, Cboe Futures Exchange (CFE), a US-regulated derivatives exchange, officially launched Continuous Futures for Bitcoin ($BTC) and Ether ($ETH).
Perpetual-Style Exposure: These new contracts are a huge step for institutional investors in the US, as they are designed to offer perpetual-style exposure (meaning they have a 10-year expiration and a daily cash adjustment) in a transparent, regulated, and intermediary-friendly environment.
Significance: This move effectively brings a popular, previously offshore-dominated product into the regulated US market, offering investors key benefits like capital efficiency and the ability to use them for volatility management and risk hedging, further bridging TradFi with digital assets.
BTC89,419.19-1.10%
ETH3,097.54-0.74%
XRP2.002-1.75%