CBOE Considers Shift to Perpetual Futures for Bitcoin and Ether
WHO:
Cointelegraph - Cboe is considering a product overhaul for Bitcoin and Ether futures.
Bitcoinist - Cboe is involved in the U.S. regulated derivatives market.
WHAT:
NewsBTC - Coinbase has launched pre-IPO perpetual futures, starting with SpaceX exposure for eligible non-US traders.
Cointelegraph - Cboe is weighing the conversion of Bitcoin (BTC) and Ether (ETH) continuous futures into perpetual futures.
Bitcoinist - Cboe's continuous futures for Bitcoin and Ether are part of the ongoing evolution of U.S. perpetual futures.
WHERE:
Cointelegraph - The discussions are taking place within the context of the U.S. regulatory environment.
WHY:
Cointelegraph - CFTC chair Michael Selig stated that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.”
Cointelegraph - The consideration for a shift to perpetual futures is driven by accelerating U.S. regulatory changes and the expansion of offerings by competitors like Coinbase and Kalshi.
HOW:
Bloomberg Markets - The Commodity Futures Trading Commission is seeking public input on both perpetual contracts and 24/7 trading for traditional energy derivatives.
Bitcoinist - The U.S. regulated derivatives market is being influenced by Wall Street's experimentation with perpetual-style cryptocurrency futures.
(UPDATED June 23, 2026 21:31 UTC)
Coinbase has introduced pre-IPO perpetual futures, initially offering exposure to SpaceX for eligible non-US traders. Meanwhile, CFTC chair Michael Selig noted that the agency's regulatory approach to crypto perpetual futures might not align well with traditional commodity markets, such as agriculture. Additionally, the Commodity Futures Trading Commission is inviting public feedback on perpetual contracts and the possibility of around-the-clock trading for traditional energy derivatives.
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(UPDATED June 23, 2026 19:43 UTC)
Cboe is currently considering a significant overhaul of its Bitcoin and Ether futures, potentially converting them into perpetual futures. This move comes amid a rapidly evolving U.S. regulatory environment and increased competition from platforms like Coinbase and Kalshi. The discussions reflect broader trends in the U.S. regulated derivatives market, as Wall Street explores new avenues for cryptocurrency futures.