CommonQuant.ai Research
AI-generated trading idea · LONG · COIN
Regulators finally greenlight crypto futures in the US — accumulate Coinbase
The U.S. government's trading regulator just gave the green light for American exchanges to offer 'perpetual futures,' a popular and high-volume way to trade crypto that was previously only available overseas.
Idea
For years, traders had to use offshore exchanges to trade crypto perpetual futures, which are among the most popular trading products in the world. Now, U.S. regulators are allowing platforms like Coinbase to offer them legally in America. This opens up a massive new revenue stream for Coinbase, as they can now capture the trading fees from this high-volume market directly on their app.
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