Traders on X are calling this a TradFi crossover moment 👀
The CFTC just cleared perpetual futures on US stocks for the first time (CoinDesk). Perps, the no-expiry contract born on offshore crypto venues, can now trade on CFTC-registered exchanges under joint CFTC-SEC oversight, after May's first US $BTC perp approval.
Why it matters: the product crypto traders live on is going mainstream.
But deemed approval is not launch day: no exchange, stock list, or date named yet.
Which lists first, a Coinbase stock perp or a Kalshi one? 👇
Not financial advice. DYOR.
#crypto #CFTC #perpetuals
The CFTC just cleared perpetual futures on US stocks for the first time (CoinDesk). Perps, the no-expiry contract born on offshore crypto venues, can now trade on CFTC-registered exchanges under joint CFTC-SEC oversight, after May's first US $BTC perp approval.
Why it matters: the product crypto traders live on is going mainstream.
But deemed approval is not launch day: no exchange, stock list, or date named yet.
Which lists first, a Coinbase stock perp or a Kalshi one? 👇
Not financial advice. DYOR.
#crypto #CFTC #perpetuals
