Kraken plans to offer CFTC-regulated Bitcoin perpetual futures contracts to eligible US institutional clients within 30 days. The contracts will be available on Kraken Pro, alongside spot and margin trading, marking a significant shift for US crypto derivatives.
The Commodity Futures Trading Commission (CFTC) has approved perpetual futures contracts tied to Bitcoin's spot price, paving the way for exchanges like Kraken to offer these instruments to US institutional clients. This development signifies a move towards greater regulatory clarity and product availability within the US crypto derivatives market, which has largely seen such activity offshore.
The Commodity Futures Trading Commission (CFTC) has approved perpetual futures contracts tied to Bitcoin's spot price, paving the way for exchanges like Kraken to offer these instruments to US institutional clients. This development signifies a move towards greater regulatory clarity and product availability within the US crypto derivatives market, which has largely seen such activity offshore.