# US greenlights crypto perpetual futures — momentum play on Coinbase

_AI-generated trading idea · LONG · COIN_

> Canonical page: https://commonquant.ai/research/for-you/us-greenlights-crypto-perpetual-futures-momentum-play-on-coi--7a5bb405-74fa-4066-82a1-7148e9784466

US regulators just paved the way for American exchanges to offer 'perpetual futures,' a hugely popular crypto trading product. Coinbase is one of the first platforms set to offer it.

## Idea

Perpetual futures are responsible for a massive portion of global crypto trading volume. Allowing these products in the US is a huge win for Coinbase, as it will likely attract a wave of new traders and transaction fees. With this new regulatory clarity, Coinbase stock could see strong momentum. Consider buying on a dip toward the recent short-term average or a push to new highs.

## Key details

- Symbols: COIN
- Timeframes: 1D
- Tags: \#crypto, \#regulation

## Community

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## News sources

- [CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward](https://www.theblock.co/post/403040/cftc-opens-door-for-crypto-perpetual-future-contracts-in-us-as-coinbase-kalshi-move-forward) — The Block

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