Kraken’s John Palmer: U.S. perpetual futures may echo the spot bitcoin ETF rollout

Kraken derivatives chief John Palmer said newly approved, regulated U.S. perpetual futures are likely to be adopted first by sophisticated proprietary traders and some retail users, with investment advisers and large asset managers joining later. Kraken plans to introduce perpetual futures on Kraken Pro in the coming weeks after gaining CFTC-regulated capabilities via its NinjaTrader and Bitnomial acquisitions.