U.S. regulators just approved crypto perpetual futures — Coinbase is the clear winner, accumulate before the volume surge
The top U.S. derivatives regulator just greenlit crypto perpetual futures — a super-popular trading product that until now was only available on offshore exchanges. Coinbase is one of the first platforms cleared to offer them.
Idea
Perpetual futures are the most-traded crypto product in the world, handling trillions in monthly volume — but almost all of that activity has happened on offshore exchanges like Binance. Bringing them onshore to regulated U.S. platforms is a game-changer for Coinbase, which stands to capture a huge new revenue stream from American traders who previously couldn't access these products. This isn't just a one-day headline; it opens a structural business line. Bitcoin itself should also benefit as easier U.S. access to leveraged crypto trading draws more capital and liquidity into the market.