Regulators just legalized crypto perps in the U.S. — accumulate Coinbase before the revenue hits
U.S. regulators just cleared the way for crypto perpetual futures contracts to be offered on American soil for the first time, with Coinbase among the first platforms approved. Meanwhile, Bitcoin itself is struggling — it's below $73,000 and ETF investors have been pulling money out for nine straight days.
Idea
The CFTC just handed Coinbase and other U.S. platforms the green light to offer perpetual futures — a trading product that has generated enormous volume and revenue for offshore exchanges like Binance for years. This opens a brand-new, high-margin revenue stream that Wall Street hasn't priced in yet. The interesting wrinkle: Bitcoin itself is weak, with nearly $3 billion pulled from ETFs over nine straight days. That divergence is actually the opportunity — you're betting on the picks-and-shovels company that profits whether crypto goes up or down, not on the token itself.