CFTC to Introduce Perpetual Futures in the U.S.
- CFTC Chairman Mike Selig announced plans to allow perpetual futures trading in the U.S. within a month.
- Perpetual futures make up over 90% of global crypto derivatives volume but have been banned for U.S. users.
- Bitcoin surged by +4% overnight, reaching $71k, while Ethereum rose by +3% to $2,050.
- Saylor’s STRC achieved a new daily record, trading enough to purchase over a thousand BTC.
The introduction of perpetual futures in the U.S., as confirmed by CFTC Chair Mike Selig, marks a significant shift in regulatory stance and could bring substantial liquidity back onshore. This move is expected to provide institutional investors with more opportunities for leveraged crypto exposure without relying on offshore platforms.
With perpetual futures soon available in the U.S., major players like Hyperliquid may see increased competition from regulated entities such as Coinbase and Kraken, potentially altering market dynamics significantly. (Source)
