Key Highlights: Perpetual VIX contracts do not expire and use funding rates to track the spot index. Cboe’s potential VIX futures launch could expand volatility trading and hedging activity. Market makers still face funding costs, basis risk and challenges hedging an index that cannot be traded as a cash asset. Perpetual VIX Contracts Aim to ...
Key Highlights Cboe and S&P Dow Jones Indices are exploring the next stage of tokenization through derivatives, including $SPX options. The SEC’s Sept. 17 Innovation Exemption covers certain tokenized NMS stocks but does not extend to tokenized options or other derivatives. Tokenized equities reached $4.43 billion by September 15, while Citi has projected a potential ...
Key Highlights SPX options recorded 970.6 million contracts traded in 2025, averaging 3.9 million contracts per day, according to Cboe. Tokenization could bring stocks, funds, credit and derivatives onto blockchain networks for faster settlement and more automated collateral management. Nasdaq, Payward and the New York Stock Exchange are among major financial-market participants pursuing tokenized assets ...
Canary Staked TRX ETF Debuts on CBOE With Zero First-Day Net Flows The first spot TRX exchange-traded fund in the United States, launched by Canary Capital, began trading on September 10 at the Chicago Board Options Exchange (CBOE). The debut registered no net inflows and minimal trading activity, contrasting sharply with the enthusiasm seen in ...