U.S. regulators just greenlit crypto perpetual futures — bullish setup on Coinbase and Bitcoin
The main U.S. derivatives regulator just gave the green light for crypto perpetual futures — the most popular crypto trading product in the world — to be offered on American platforms like Coinbase for the first time. Until now, these contracts only existed on offshore exchanges.
Idea
Perpetual futures are the single most-traded crypto product worldwide, handling more volume than regular spot trading on many days. Until now, U.S. investors could only access them through offshore, unregulated exchanges. Bringing them onshore to trusted platforms like Coinbase could unlock a wave of new trading activity and revenue. This is a big deal for Coinbase's business because it gives them a product that competes with offshore giants. It's also broadly positive for crypto prices because easier, regulated access tends to attract more money into the market.