Key Facts

• John Palmer, head of derivatives at Kraken, expects sophisticated traders to lead the adoption of newly approved U.S. perpetual futures.
• Broader institutional participation in perpetual futures is likely to follow the initial adoption by sophisticated traders over time.
• The U.S. perpetual futures in question have been approved, although the article does not specify the exact date of approval or the regulatory body responsible.
• Perpetual futures are a type of financial derivative that allows traders to speculate on the price of an asset without an expiration date.
• No specific statistics or exact locations related to the adoption or trading volume of perpetual futures are provided in the article.