Cyclic polyacetylene (c-PA) is the cyclic derivative of the semiconducting linear polyacetylene. As with the linear derivative, cyclic polyacetylene is insoluble, making its characterization and processing challenging. Herein, we report the synthesis of c-PA via an indirect approach, employing ring-expansion metathesis polymerization of cyclic alkenes to form soluble polymer precursors. Subsequent retro-Diels−Alder elimination through heating provides c-PA. Dilute solution characterizations of the polymer precursors including 1 H nuclear magnetic resonance spectroscopy, gel permeation chromatography, and infrared and Raman spectroscopy confirm their cyclic structure and, by inference, the cyclic topology of the resulting c-PA. Solid-state thermal analyses via thermogravimetric analysis and differential scanning calorimetry reveal the chemical and physical transformations occurring during the retro-Diels−Alder elimination step and concurrent isomerization. Freestanding films are attainable via the soluble precursors, and when doped with I 2 , the films are semiconducting.