US regulators just cleared perpetual futures on individual stocks, and crypto equities jumped.
What happened (CFTC, via Yahoo Finance data):
• Coinbase +6.42% to $146.68
• Circle +5.41% to $75.98
• Strategy +4.36% to $136.46
CFTC Chairman Michael Selig said equity perps can now trade on CFTC-registered exchanges. The perp model crypto traders know is moving into traditional markets.
My take: this blurs the line between crypto and TradFi venues. Watch whether volume migrates toward regulated platforms, and what it means for $COIN and $HYPE -style perp venues.
Which benefits most: regulated US exchanges or on-chain perp DEXs?
#CFTC #Perpetuals #Crypto
What happened (CFTC, via Yahoo Finance data):
• Coinbase +6.42% to $146.68
• Circle +5.41% to $75.98
• Strategy +4.36% to $136.46
CFTC Chairman Michael Selig said equity perps can now trade on CFTC-registered exchanges. The perp model crypto traders know is moving into traditional markets.
My take: this blurs the line between crypto and TradFi venues. Watch whether volume migrates toward regulated platforms, and what it means for $COIN and $HYPE -style perp venues.
Which benefits most: regulated US exchanges or on-chain perp DEXs?
#CFTC #Perpetuals #Crypto