Crypto Derivatives Market Eyes U.S. Expansion with Potential Perpetuals Approval
The Commodity Futures Trading Commission (CFTC) has withdrawn two internal guidelines, sparking hopes of more uniform regulation for derivatives based on digital assets in the United States. This move may signal a shift towards increased clarity and accessibility for crypto-based financial instruments.
Coinbase Derivatives has announced plans to launch a product in the U.S. market that shares similarities with perpetual contracts already available on international platforms like Binance, which processes over $70 billion daily in this type of instrument. The growing interest in this market is also linked to the more flexible regulatory environment promoted by the Donald Trump administration.
The government has halted legal actions against crypto firms, publicly backed stablecoins, and proposed the creation of national reserves in digital assets. These measures have encouraged U.S.-based platforms like Coinbase and Kraken to explore mergers and acquisitions to boost their market position. Coinbase is in talks to acquire Deribit, while Kraken has agreed to purchase NinjaTrader for $1.5 billion.
Perpetual contracts could appeal to both retail and institutional traders seeking high-volatility products with low entry costs. However, the legality of these instruments still faces several challenges, particularly regarding retail access outside registered platforms. While some investors currently access these products through private networks or foreign entities, the sector’s focus is on attracting new users through clear regulations and appealing products.
The introduction of perpetual contracts in the United States could unlock a significant opportunity for both retail and institutional traders. The former seek high-volatility instruments with low entry costs, while the latter might benefit from broader access to financial tools aligned with their risk frameworks.
However, regulatory hurdles still need to be overcome before such products can be widely available to American investors. Regulatory clarity is necessary to ensure the integrity of these derivatives markets and provide a level playing field for all participants.
The crypto market’s recent growth could further drive demand for such products. Some experts predict that Bitcoin may reach $250,000 by 2025 due to institutional adoption, regulatory clarity, and global market shifts.
Source: https://crypto-economy.com/crypto-derivatives-market-eyes-u-s-expansion-with-potential-perpetuals-approval/