U.S. finally allows crypto perpetual futures — get long Coinbase as a huge new revenue stream opens up
The top U.S. derivatives regulator just cleared the way for crypto perpetual futures — the most popular crypto trading product in the world — to be offered on American soil for the first time. Coinbase is one of the first platforms approved to offer them.
Idea
Perpetual futures are the most heavily traded crypto product globally, handling trillions in monthly volume — but until now, they've only existed on offshore exchanges. The CFTC just gave Coinbase a path to offer them in the U.S., unlocking a massive new revenue stream. This isn't a one-day headline; it's a structural change that expands what the biggest U.S. crypto platform can sell to its customer base. As these products launch and volume ramps, Coinbase's trading fees should get a meaningful boost.