CBOE to Launch Bitcoin and Ethereum Futures: Institutional Investors Gain Regulated Access

The Chicago Board of Options Exchange (CBOE) is poised to launch Bitcoin and Ethereum futures contracts on December 15, 2025, marking a significant development for institutional investors seeking secure cryptocurrency exposure. Pending regulatory review, the launch will provide a regulated alternative to offshore swaps. The contract, structured as perpetual-style contracts with daily adjustments using the Cboe Kaiko Real-Time Rate indices, is expected to enhance market accessibility and impact Bitcoin and Ethereum markets.