Cboe Global Markets, a leading global exchange operator, has announced its plans to introduce new bitcoin and ether continuous futures contracts in December. These long-term contracts are designed to provide traders with exposure to the cryptocurrency market without the need for constant contract expiration and rolling.
The launch of these perpetual-style contracts by Cboe is a significant development for the cryptocurrency market, as it offers U.S. traders a new way to engage with the highly volatile digital asset space. The continuous futures contracts for bitcoin and ether will be available for trading starting on December 15.
Unlike traditional futures contracts that have specific expiration dates, perpetual-style contracts do not have a set expiration date. This allows traders to hold positions indefinitely, providing them with more flexibility and reducing the need for frequent contract rolls. This feature is particularly advantageous for investors looking to maintain long-term exposure to cryptocurrencies without the hassle of managing contract expirations.
By offering continuous futures contracts for bitcoin and ether, Cboe aims to cater to the growing demand for cryptocurrency derivatives among institutional and retail investors. These new products are expected to attract a wider range of market participants looking to access the cryptocurrency market through regulated and established exchanges like Cboe.
The decision to launch perpetual-style contracts for bitcoin and ether comes at a time when cryptocurrencies are gaining increased mainstream acceptance and adoption. Bitcoin, the largest cryptocurrency by market capitalization, has seen a surge in interest from institutional investors and corporate entities in recent months. Similarly, ether, the native cryptocurrency of the Ethereum network, has also experienced significant growth in both value and market demand.
The introduction of continuous futures contracts for bitcoin and ether by Cboe is likely to further boost the liquidity and accessibility of these digital assets in the traditional financial markets. It provides investors with a new avenue to trade and hedge their exposure to cryptocurrencies, while also offering the potential for price discovery and risk management.
Overall, the launch of bitcoin and ether continuous futures by Cboe represents a significant step towards mainstream adoption of cryptocurrencies in the financial industry. These new products are expected to attract a broader range of investors and help bridge the gap between the traditional financial markets and the emerging digital asset class.
Source: https://news.bitcoin.com/cboe-sets-dec-15-launch-for-new-bitcoin-and-ether-continuous-futures/

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