diff --git a/Lib/test/test_asyncio/test_futures.py b/Lib/test/test_asyncio/test_futures.py
index 2184b2091f84ee..cfcd43dbe725ae 100644
--- a/Lib/test/test_asyncio/test_futures.py
+++ b/Lib/test/test_asyncio/test_futures.py
@@ -641,6 +641,14 @@ def test_future_del_segfault(self):
         with self.assertRaises(AttributeError):
             del fut._log_traceback
 
+    def test_future_iter_get_referents_segfault(self):
+        # See https://github.com/python/cpython/issues/122695
+        import _asyncio
+        it = iter(self._new_future(loop=self.loop))
+        del it
+        evil = gc.get_referents(_asyncio)
+
+
 
 @unittest.skipUnless(hasattr(futures, '_CFuture'),
                      'requires the C _asyncio module')
diff --git a/Misc/NEWS.d/next/Library/2024-08-08-14-16-41.gh-issue-122695.f7pwBv.rst b/Misc/NEWS.d/next/Library/2024-08-08-14-16-41.gh-issue-122695.f7pwBv.rst
new file mode 100644
index 00000000000000..cc6bc38f419462
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2024-08-08-14-16-41.gh-issue-122695.f7pwBv.rst
@@ -0,0 +1,2 @@
+Fixed double-free when using :func:`gc.get_referents` with a freed
+:class:`asyncio.Future` iterator.
diff --git a/Modules/_asynciomodule.c b/Modules/_asynciomodule.c
index 6b969edca29804..cf6257834cdeb3 100644
--- a/Modules/_asynciomodule.c
+++ b/Modules/_asynciomodule.c
@@ -3607,13 +3607,8 @@ module_traverse(PyObject *mod, visitproc visit, void *arg)
 
     Py_VISIT(state->context_kwname);
 
-    // Visit freelist.
-    PyObject *next = (PyObject*) state->fi_freelist;
-    while (next != NULL) {
-        PyObject *current = next;
-        Py_VISIT(current);
-        next = (PyObject*) ((futureiterobject*) current)->future;
-    }
+    // GH-122695: Do not traverse the freelist here, as that can cause problems
+    // with gc.get_referents()
     return 0;
 }