Perpetual Futures Could Be Crypto's Next ETF Moment
John Palmer of Kraken predicts that newly approved U.S. perpetual futures will first attract sophisticated traders, with broader institutional adoption likely to follow. This could mirror the growth seen with crypto ETFs, opening up new opportunities in the market.
John Palmer, head of derivatives at Kraken, believes that the recent approval of perpetual futures in the U.S. will initially appeal to sophisticated traders. He expects broader institutional participation to follow over time, potentially mirroring the growth trajectory of crypto ETFs.
Perpetual futures are a type of derivatives contract that doesn't have an expiration date, allowing traders to hold positions indefinitely. Palmer's comments come as the U.S. Commodity Futures Trading Commission (CFTC) has recently approved these products for trading, marking a significant milestone for the crypto derivatives market.
This development could be a game-changer for the crypto market, similar to the introduction of Bitcoin ETFs. It provides more options for traders and investors, potentially increasing liquidity and market depth. For everyday investors, this could mean more opportunities to participate in the crypto market through regulated products.
Investors should watch for increased trading volumes and new product offerings from major exchanges as institutions begin to enter the market. This could be a sign of growing acceptance and mainstream adoption of crypto derivatives. Read more → https://www.coindesk.com/business/2026/06/13/perpetual-futures-could-be-crypto-s-next-etf-moment