Kraken to Offer Regulated Bitcoin Perpetual Futures to US Institutional Clients

Kraken to Offer Regulated Bitcoin Perpetual Futures to US Institutional Clients

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Crypto exchange Kraken is preparing to introduce regulated perpetual futures contracts, tied to the spot price of Bitcoin, for its institutional clients in the United States. This move follows recent approval from the CFTC and is anticipated to roll out within the next month, expanding regulated access to Bitcoin derivatives.

In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month." This development signifies an expansion of regulated financial products available for Bitcoin in the institutional market.