Search results for National Futures Association
Crypto
Coinbase launches ultra-short-term betting market: will bitcoin rise or fall in 15 minutes
Coinbase launched an ultra-short-term price prediction market for U.S. users covering 10 cryptocurrencies including bitcoin and ether. The contracts let users predict whether prices will rise or fall over 15-minute or 1-hour intervals. Coinbase CEO Brian Armstrong announced the launch, saying users can choose the asset, time window and direction. The market is operated by Kalshi under U.S. CFTC regulation, with Coinbase Financial Markets providing the contracts.
Crypto
Polymarket files for U.S. margin trading, seeks futures broker registration
Polymarket has submitted an application to provide margin trading in the United States. If approved, users would be able to bet on events with less capital than usual. The Block, citing the National Futures Association’s BASIC system, reported that ComingHome GBA sought approval related to futures commission merchant registration through PM Derivatives. Full rollout of leveraged trading would also require approval from the Commodity Futures Trading Commission.
Crypto
U.S. ETF issuer Volatility Shares expands altcoin leveraged ETF lineup
U.S. exchange-traded fund issuer Volatility Shares has listed six ETFs based on Cardano, Stellar and Chainlink on Cboe’s BZX Exchange. The lineup includes a 1x ETF that tracks spot returns and a 2x ETF targeting twice the daily return, with separate tickers for each asset. Data show the firm manages more than $3 billion in assets as of March 30, including about $960 million in its BITX leveraged bitcoin futures ETF.