US-regulated perpetual futures don land: Kraken don launch for Kraken Pro after CFTC licences

Kraken dey talk say regulated perpetual futures fit turn to crypto’s next “ETF moment” for the U.S., kame wey spot Bitcoin ETFs gan massa adoption. John Palmer wey dey head derivatives for Kraken expect say the first wave of demand go come from sophisticated proprietary traders and retail users, and later investment advisers and big asset managers go join because of governance and due-diligence timelines. The U.S. market dey prepare for “true” perpetual futures after long time wey U.S. traders get limited access compared to offshore venues. Globally, perpetual futures dey dominate crypto derivatives volume, while dated futures get expiry/roll mechanics. Kraken fit enter because dem acquire NinjaTrader and Bitnomial, wey give dem CFTC-regulated futures commission merchant, exchange, and clearing licenses. The firm plan to launch perpetual futures on Kraken Pro in the coming weeks. Palmer talk say perpetual futures simpler structure—no expiration date—reduce operational friction compared to dated futures. He also say if dem allow crypto assets as collateral later e fit make U.S. trading more comparable to international markets. One another milestone: prediction market platform Kalshi launch U.S. perpetual futures last week and already report say dem cross $1 billion in trading volume, show say early interest dey. Overall message for traders be say U.S. perpetual futures trading dey move from “restricted” to “regulated”, wey fit expand liquidity and deepen market structure over time.