Perpetual futures poised for crypto ETF-like growth

Regulated perpetual futures are launching in the U.S., mirroring the path of spot Bitcoin ETFs for potential mass adoption. Kraken, after acquiring necessary licenses, plans to introduce these products on Kraken Pro. Initially, sophisticated traders and retail users are expected to lead adoption, followed by larger asset managers and investment advisers. Perpetual futures offer a simpler, expiration-less trading mechanism compared to traditional futures, potentially transforming the U.S. crypto derivatives market and reducing reliance on offshore platforms. This move could significantly increase accessibility to popular crypto trading instruments for U.S. participants.