Cboe Exploring Perpetual VIX Futures, Bringing Crypto-Style Never-Expiring Contracts to Wall Street's Fear...

Cboe ($CBOE) is exploring perpetual VIX futures, bringing crypto-style never-expiring contracts to Wall Street's fear gauge.
Unlike traditional VIX futures, traders would not need to keep rolling positions into new contracts every month.
That could make volatility exposure more continuous, reduce rollover drag, and potentially attract more short-term and systematic trading activity.
But the key challenge remains that the VIX itself cannot be bought like a stock or Bitcoin, so market makers would still face funding costs, basis risk and more complex hedging.
The bigger signal is structural: crypto market design is increasingly moving into traditional finance.