Perpetual futures could become crypto's next ETF moment

Summary

• Regulated perpetual futures, long dominant on offshore crypto venues, are starting to debut in the U.S., with Kraken set to launch them on Kraken Pro after securing CFTC-regulated licenses through its NinjaTrader and Bitnomial acquisitions.
• John Palmer, head of derivatives at Kraken, said he expects sophisticated proprietary traders and retail users to adopt U.S. perps…