Crypto Perpetual Futures May Soon Launch in the U.S., Says CFTC Commissioner
Summer Mersinger, a former Commissioner at the Commodity Futures Trading Commission (CFTC), believes crypto perpetual futures could soon be available in the united States. Mersinger shared this view during a Bloomberg TV interview on May 22.
When asked about the possibility of these futures gaining regulatory approval, Mersinger was optimistic. “We’re seeing applications, and I think we’ll have these products trading live very soon,” she said. Mersinger emphasized that bringing these financial instruments back to the U.S. under a regulated framework would benefit the industry and the broader economy.
Crypto perpetual futures are a type of derivative. They allow traders to bet on a cryptocurrency’s price without an end date. Despite the massive growth of the crypto futures market—reaching $3.7 trillion in April—such trading is still not approved in the U.S.
Mersinger also addressed the stablecoin bill in the Senate, highlighting that recent developments prove “crypto is here to stay.” After leaving the CFTC on May 30, Mersinger will become the CEO of the blockchain Association, a crypto advocacy group.
She is confident the CFTC will remain independent and continue providing the necessary oversight for derivatives markets to fulfill their legal roles in price discovery and hedging.
