CFTC Approves Bitcoin Perpetuals as Crypto Markets Navigate Historic Regulatory Shift

The CFTC delivers a landmark approval allowing regulated Bitcoin perpetual futures on U.S. exchanges for the first time, as Coinbase and Kalshi lead institutional access to derivatives markets. Meanwhile, crypto majors decline on continued ETF outflows-Bitcoin sits near seventy-three thousand five hundred dollars after nine consecutive days of redemptions totaling two point eight billion dollars. Hyperliquid gains validation from ICE's CEO calling it bigger than NASDAQ by volume, while Stellar surges ninety-six percent on DTCC tokenization news. SEC Chair Atkins expresses confidence the CLARITY Act will pass as stablecoin reward battles between banks and crypto intensify. Plus, Paxos wins SEC approval for blockchain-based stock clearing, Texas moves its Bitcoin reserve from ETFs to direct custody, and JPMorgan's Dimon escalates tensions with Coinbase CEO Armstrong.