CFTC Chairman Michael Selig announced that equity perpetual futures, which let traders speculate on a stock's price without owning it, have been approved under existing security futures rules. The contracts will be jointly overseen by the CFTC and the SEC, allowing American traders to access them through regulated domestic markets rather than offshore platforms. Perpetual futures have no expiration date and typically use leverage, which increases exposure to losses. DeFiLlama data shows these products recorded more than $630 billion in trading volume over the past month, with much of the activity on offshore exchanges and decentralized platforms such as Hyperliquid. The move follows the CFTC's earlier approval of a bitcoin perpetual futures contract on a US exchange, while ICE and OKX plan a tokenized US stock platform that has faced pushback from Nvidia, Microsoft, Alphabet and JPMorgan Chase.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 11/02/2026 | 76,816.00 |
| Change that session | -1.96% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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