Bitcoin Magazine Cboe to Launch Continuous Bitcoin Futures on December 15

Cboe Global Markets, Inc. (Cboe: CBOE) announced it will begin offering Bitcoin Continuous Futures (PBT) on its Cboe Futures Exchange (CFE) starting December 15, pending regulatory approval.

Ethereum Continuous Futures will also be offered. Earlier this year, CBOE had announced a November 10 start date but has since delayed the launch.

These new futures are designed to give traders long-term exposure to bitcoin without some of the operational headaches of traditional futures. Each contract has a 10-year expiration and a daily cash adjustment, which means positions are automatically updated every day to reflect the underlying asset’s price.

In effect, this creates a “perpetual” exposure. Traders no longer have to

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