According to ChainCatcher, Rob Hocking, Head of Global Derivatives at the Chicago Board Options Exchange (CBOE), said the exchange is exploring converting its Bitcoin and Ether continuous futures into perpetual futures. This comes after the U.S. Commodity Futures Trading Commission (CFTC) approved the prediction market Kalshi's crypto perpetual futures, establishing a regulatory pathway for other registered U.S. exchanges to offer similar products.
Hocking did not provide a timeline for any potential conversion. CBOE is already a major U.S. crypto futures exchange, offering various Bitcoin and Ether derivatives. A successful launch of perpetual futures would round out its product lineup and differentiate it from competitors.
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