CoinDesk·4 min read·medium
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
H
Helene Braun
✦AI Summary
Perpetual futures, a popular crypto trading product, are entering regulated U.S. markets following approvals from the CFTC for firms like Kalshi and Coinbase. While trading volumes are significant, major Wall Street banks remain cautious, preferring to observe the market before committing capital.
Perpetual futures have spent years as one of crypto’s most popular trading products, especially for investors outside the United States. Now that the contracts are entering regulated American markets, Wall Street is trying to decide whether they are a passing retail craze or a lasting threat to traditional futures.
businesscryptoeconomy
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