CFTC Opens Path for Expiring Crypto Futures to Perpetuals

The U.S. Commodity Futures Trading Commission (CFTC) has issued a no-action letter that allows certain expiring cryptocurrency futures products to be converted into perpetual futures.

This regulatory shift marks a significant step forward for digital asset derivatives, particularly in the U.S. market.

Under the new guidance, futures contracts with fixed expiration dates can be restructured into perpetual futures by removing their expiry provisions, provided they meet specific requirements.