CBOE considers converting BTC, ETH rollover futures to perpetuals

Nate Geraci, CEO of asset manager Novadius Wealth Management, said the Chicago Board Options Exchange (CBOE) is considering converting its Bitcoin (BTC) and Ethereum (ETH) rollover futures products into perpetual futures. He added that traditional finance (TradFi) institutions are being forced to continually respond to crypto-native innovations, stating that this is just the beginning. This follows a statement from Rob Hocking, CBOE's Head of Global Derivatives, who said in December 2025 that the exchange was reviewing such a conversion. The U.S. Commodity Futures Trading Commission (CFTC) recently indicated that it might allow registered U.S. trading platforms to list perpetual futures.