The U.S. Commodity Futures Trading Commission (CFTC) has granted Designated Contract Markets (DCMs) the ability to convert perpetual digital commodity futures contracts into true perpetual futures contracts. This decision, reported on June 14, allows DCMs to remove expiration dates from these contracts, provided they adhere to specific customer protection and procedural conditions outlined in an exemption letter. Key conditions for the conversion include soliciting feedback from market participants with open positions, offering advance notice and the opportunity to close positions, providing appropriate risk disclosures, and ensuring no other substantive contract terms are altered. This move aims to enhance the flexibility and functionality of digital commodity futures trading.