Coinbase Seeks CFTC Approval for US Single-Stock Perpetual Futures

Crypto Insight Summary: The contracts would trade 24/5 on Coinbase Derivatives, use hourly funding and clear through Nodal Clear, but the CFTC filing remains pending. Crypto Insight Analysis: Direction: Bullish COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Product expansion could boost revenue but regulatory approval is uncertain.