Cboe is reportedly exploring the possibility of converting its Bitcoin and Ethereum continuous futures into perpetual futures. This consideration comes as regulatory changes in the US are fostering greater adoption of crypto perpetual futures.
The move appears to be a response to the competitive landscape, where rivals such as Coinbase and Kalshi are broadening their offerings in the cryptocurrency market.
As the situation develops, it remains to be seen how Cboe's potential product overhaul will impact its position in the evolving digital asset space.