CFTC allows equity perpetual futures on regulated exchanges
CFTC Chair Selig announced that equity perps can trade on CFTC-registered exchanges starting today. Crypto traders see it as bullish for on-chain perp venues such as Lighter and Robinhood Chain.
What we know
Chairman Selig framed the move as keeping markets innovative and onshore. An account on X argues it makes $LIT undervalued, and another account on X called it "Big". Robinhood Chain sentiment is mixed, with another account on X flagging leadership silence.
How the story developed
CFTC Chair Selig announced that equity perps can trade on CFTC-registered exchanges starting today. Crypto traders see it as bullish for on-chain perp venues such as Lighter and Robinhood Chain.
The CFTC reportedly approved equity perp contracts as security futures for four exchanges, including Coinbase Derivatives and Kalshi. Hyperliquid-linked accounts say Americans can now trade them, and Coinbase is preparing for US customers.
The CFTC allowed perpetual futures on individual US stocks on registered exchanges for the first time, seen as a big win for Hyperliquid/HIP-3 and regulated onshore perps.
The CFTC cleared perps tied to individual US stocks to trade on registered exchanges, only for already-registered venues. It marks a step in bringing offshore perp markets onshore.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.