Cboe to Debut Continuous Bitcoin, Ethereum Futures for US Customers

Group 1: Cboe's New Product Launch - Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers in November, pending regulatory approval [1] - These futures contracts will last 10 years, providing investors with continuous long-term market access to Bitcoin and Ethereum [1] - Cboe aims to bring the utility of perpetual futures, which have gained strong adoption in offshore markets, to the U.S. regulated futures exchange [2] Group 2: Market Context and Developments - The contracts will be cash-settled and aligned to real-time spot market prices, enhancing transparency for U.S. traders [2] - Cboe has been active in the crypto ETF space, filing for rule changes with the SEC to allow the listing of funds tracking the spot price of major altcoins [3] - Cboe BZX and NYSE Arca have submitted proposals to the SEC to change how crypto ETFs are approved, seeking automatic listing for certain products [4] Group 3: Current Market Prices - Bitcoin was recently trading at $111,305, having dropped by nearly 1% over a 24-hour period [5] - Ethereum was priced at nearly $4,289, remaining relatively flat during the same period [5]