Crypto
Kraken says U.S. regulated perpetual futures market to follow bitcoin spot ETF playbook
A U.S.-regulated perpetual futures market is expected to be adopted by institutions in a way similar to the rollout of bitcoin spot exchange-traded funds in January 2024, CoinDesk reported, citing John Palmer (존 팔머), head of derivatives at Kraken. Palmer said professional traders would enter newly approved perpetual futures first, followed by large asset managers and investment advisers after internal due diligence and governance procedures.