Futures

Futures are derivative financial contracts that obligate parties to transact an asset at a predetermined future date and price. In the Web3 ecosystem, futures are essential tools for hedging risk and gaining leveraged exposure to market movements. By 2026, the market has seen a massive shift toward institutional-grade futures platforms with enhanced regulatory compliance. This tag covers the mechanics of delivery dates, margin requirements, and how professional traders use futures to navigate crypto volatility and secure long-term portfolio stability.

18869 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Prices Slump, But Stablecoins, RWAs, and Bitcoin Futures Hit Record Highs: Bitwise Report

Prices Slump, But Stablecoins, RWAs, and Bitcoin Futures Hit Record Highs: Bitwise Report

According to Bitwise Asset Management, newly inaugurated U.S. leadership delivered sweeping pro-crypto reforms—including a national executive order prioritizing digital assets, the launch of a Strategic Bitcoin Reserve, and the dismissal of most Securities and Exchange Commission (SEC) lawsuits targeting the sector. Perhaps most impactful was the official termination of Operation Choke Point 2.0, a regulatory chokehold that limited crypto’s access to traditional banking rails. These moves represented a long-awaited victory in Washington, offering the kind of policy clarity the digital asset industry had pursued for over a decade. Despite the regulatory momentum, markets reacted with a downturn. The Bitwise 10 Large Cap Crypto Index fell 18% in Q1. Ethereum dropped 45%, and crypto equities declined by 27%. “Frustrating,” was how Bitwise CIO Matt Hougan described the quarter—a period when positive structural shifts failed to lift market sentiment. Quiet Momentum in Stablecoins and RWAs While token prices dominated headlines, Bitwise’s data shows a different story unfolding under the surface. Stablecoins posted $218 billion in assets under management—up 13.5% from the previous quarter—alongside a 30% surge in transaction volumes. Tokenized real-world assets (RWAs) gained major traction, jumping over 37% quarter-over-quarter, while regulated bitcoin futures trading volume and open interest reached all-time highs. These developments indicate growing institutional engagement and pivoting toward asset types with real-world utility or compliance-first design. “Parts of the crypto market are experiencing raging bull markets,” Hougan noted, citing stablecoins, RWAs, and bitcoin futures as key pockets of growth. A More Resilient Q2 on the Horizon Bitwise points to several potential catalysts in Q2 2025. These include increased global liquidity, progress on stablecoin legislation in the U.S., and a rising narrative around bitcoin’s role as a strategic hedge asset. As central banks turn dovish and major legislative reforms gain traction, crypto infrastructure appears primed for a breakout. The expected repeal of SEC guidance SAB 121 and new banking rules could unlock further institutional participation. Additionally, with geopolitical instability on the rise, digital assets like bitcoin are being reevaluated as long-term reserve assets by both sovereigns and corporations. While Q1 may have underwhelmed on price action, Bitwise suggests that the structural groundwork laid during the quarter could lay the foundation for a more powerful rally in the months ahead. CIO Warns of Fragile Progress Without Congressional Support In May, Bitwise CIO Matt Hougan issued a stark warning about the fragility of crypto’s momentum, urging Congress to pass lasting regulation. ⚠️ Bitwise Chief Investment Officer @Matt_Hougan has voiced serious concerns over Congress's ability to pass meaningful crypto regulation. #Bitwise #Crypto https://t.co/dYQyGR2HTV — Cryptonews.com (@cryptonews) May 6, 2025 In a note to clients, Hougan praised recent moves by the Trump administration—such as the creation of a Strategic Bitcoin Reserve and the rollback of SEC enforcement—but stressed that these executive actions are not permanent. Without legislation, he cautioned, future administrations could easily reverse course. Despite his long-term optimism—predicting new all-time highs and even a potential $200,000 Bitcoin price—Hougan said the industry faces a “rough summer” if lawmakers fail to deliver regulatory clarity. His comments reflect growing concern within the digital asset space that political support alone isn’t enough to secure crypto’s future.

Author: CryptoNews
Traders increase bets on Fed rate cuts

Traders increase bets on Fed rate cuts

PANews reported on July 16 that according to Jinshi, short-term US interest rate futures continued to rise as traders increased their bets on the Federal Reserve's interest rate cuts.

Author: PANews
Jie Li Trading (08017.HK) subsidiary applies for upgraded license to provide virtual asset trading and other services

Jie Li Trading (08017.HK) subsidiary applies for upgraded license to provide virtual asset trading and other services

PANews reported on July 16 that according to Zhitong Finance, Jie Li Trading (08017.HK) recently announced that its wholly-owned subsidiary TradeGo Markets Limited has decided to submit an application to

Author: PANews
Hong Kong Securities and Futures Commission extends the time for visiting professionals to provide virtual asset services to 45 days

Hong Kong Securities and Futures Commission extends the time for visiting professionals to provide virtual asset services to 45 days

PANews reported on July 16 that according to Zhitong Finance, on July 15, the Hong Kong Securities and Futures Commission issued a circular on optimization measures to facilitate visiting professionals

Author: PANews
Bitcoin faces possible short-term pullback as miners take profit, but long-term uptrend still intact

Bitcoin faces possible short-term pullback as miners take profit, but long-term uptrend still intact

Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly 5% from its most recent peak and is trading at about $117,538 as of press…

Author: Crypto.news
Trump personally supervises the battle, and "Crypto Week" is unexpectedly cold

Trump personally supervises the battle, and "Crypto Week" is unexpectedly cold

Author: BitpushNews "Crypto Week", which was seen as the "highlight moment" of the cryptocurrency industry in Washington, suffered a setback on Tuesday, when three cryptocurrency regulatory bills pushed by Trump

Author: PANews
"Cryptocurrency Week" in Washington: How three major bills will rewrite the fate of encryption?

"Cryptocurrency Week" in Washington: How three major bills will rewrite the fate of encryption?

This week, Washington has ushered in a critical moment known as "Crypto Week", and the U.S. Congress is accelerating a number of legislations supporting cryptocurrencies, heralding major changes in the

Author: PANews
U.S. DOJ Closes Polymarket Case – $2.6B Prediction Market Eyes Imminent U.S. Return

U.S. DOJ Closes Polymarket Case – $2.6B Prediction Market Eyes Imminent U.S. Return

The U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) have officially ended their investigations into Polymarket, a popular blockchain-based prediction market platform. The closure of the probes launched in the final months of the Biden administration indicates a broader regulatory shift under President Trump, whose administration has adopted a more crypto-friendly stance. Polymarket Cleared as DOJ and CFTC Close Probes Without Action According to a Bloomberg report published Tuesday, Polymarket was formally notified earlier this month that both the DOJ and CFTC had concluded their inquiries without pursuing further action. The investigations sought to determine whether the New York-based platform continued to allow U.S. residents to place bets despite a 2022 settlement with regulators that banned such access. Neither the DOJ nor the CFTC issued public comments on the case, and Polymarket itself has remained measured in its response. Still, CEO Shayne Coplan shared his reflections in a personal post on X, offering rare insight into the toll the scrutiny had taken. “Eight months ago, on election night, we were on top of the world… Eight days later, the FBI broke down my door at 6am and took all my computers and phones,” he wrote. 8 months ago, on election night, we were on top of the world after Polymarket called the election. 8 days later, the FBI broke down my door at 6am and took all my computers and phones, looking for anything that could imply foul play. While traumatic, it etched the story of… pic.twitter.com/EOfJQTCzMY — Shayne Coplan 🦅 (@shayne_coplan) July 15, 2025 Coplan described the experience as traumatic but said it showed Polymarket’s accuracy and resilience. He confirmed the company has been cleared of wrongdoing, stating, “Justice prevailed. God Bless America.” Polymarket allows users to bet with cryptocurrency on real-world outcomes, from election results and geopolitical conflicts to economic indicators and proposed legislation. The platform rose to prominence during the 2024 U.S. election cycle, when users speculated heavily on Donald Trump’s chances of returning to office. That wave of attention, however, brought scrutiny. In 2022, the CFTC fined Polymarket $1.4 million , accusing it of running an unregistered derivatives platform and ordering it to block U.S. users from placing bets. While Polymarket complied officially, regulators suspected the platform may still have been accessed by American traders using VPNs or other tools to circumvent the ban. 👮‍♀️ FBI agents have reportedly seized Polymarket CEO Shayne Coplan’s phone and electronics, following a raid at his Manhattan residence. #FBIraid #Polymarket #ShayneCoplan https://t.co/FoAECymNsu — Cryptonews.com (@cryptonews) November 14, 2024 The situation escalated dramatically in November 2024, just days after the election, when the FBI raided Coplan’s Manhattan residence and seized electronic devices in a surprise early morning operation. The investigation, which also involved the CFTC , focused on whether Polymarket had violated its earlier agreement by allowing disguised U.S. trading activity to continue. As part of the settlement, the company committed to geo-blocking U.S. residents. In response to the closure of the investigation, Coinbase CEO Brian Armstrong publicly decried the DOJ’s actions, saying, “This was one of the most egregious examples of lawfare from the last administration that should never have been possible in America. Imagine having your door broken down for predicting an election.” Armstrong continued, adding that “The onus was on the government to prove there was something worth pursuing here, and they failed to do that. This is how you lose trust in institutions.” This was one of the most egregious examples of lawfare from the last administration, that should never have been possible in America. Imagine having your door broken down for predicting an election. The onus was on the government to prove there was something worth pursuing here,… https://t.co/WhoDanAw7k — Brian Armstrong (@brian_armstrong) July 15, 2025 Polymarket Eyes U.S. Comeback Amid Pro-Crypto Policy Shift The decision to drop the investigations reflects a broader change in Washington’s stance toward digital assets and prediction markets under the Trump administration. At its peak in November 2024, Polymarket recorded a staggering $2.6 billion in monthly trading volume. While volume dipped to $1.1 billion in May 2025, activity remains strong. Polymarket now hosts over 21,000 markets with 1.2 million users and $700 million in active trading. With the DOJ and CFTC inquiries officially closed, industry watchers believe Polymarket may explore reentering the U.S. market in a more regulated form by either registering as a designated contract market (DCM) under the CFTC or acquiring a firm with an existing license. While the platform will reportedly be working its way back into the U.S., it did not stop developing even during the CFTC and FBI investigations. Polymarket is in the midst of a major expansion effort, reportedly closing in on a $200 million funding round led by Peter Thiel’s Founders Fund. 💰 @Polymarket , a crypto-based prediction market platform, is on the verge of closing a $200 million funding round that would value the company at $1 billion. #Polymarket #Crypto https://t.co/wkfbhY7fVe — Cryptonews.com (@cryptonews) June 25, 2025 Additionally, the platform recently announced a partnership with Elon Musk’s X and its AI division, xAI, to integrate prediction markets into the social media platform. Under this arrangement, Polymarket will offer real-time event forecasts that appear alongside user posts and commentary. 🧮 X and Polymarket have joined forces to bring live prediction odds to the social timeline, replacing the short-lived Kalshi link-up. Real-time widgets and AI summaries seek to turn trending topics into quick crowd forecasts. #crypto #PredictionMarke … https://t.co/HBustPGwCk — Cryptonews.com (@cryptonews) June 6, 2025 Still, the platform faces scrutiny outside the U.S. Authorities in France, Belgium, Thailand, Taiwan, and Singapore have also placed restrictions on Polymarket, often citing gambling law violations. ❌ Singapore blocks crypto-based prediction platform @Polymarket , warning users of fines or jail time for gambling with unlicensed providers. #Polymarket #SingaporeBan https://t.co/AYBWETFMx7 — Cryptonews.com (@cryptonews) January 13, 2025 Allegations of market manipulation have also surfaced, although none have resulted in formal charges. Polymarket’s main rival, Kalshi, recently won a legal victory against the CFTC when the watchdog moved to voluntarily dismiss its appeal of a ruling in Kalshi’s favor, effectively conceding that election betting contracts may have a place in the American financial sector. With Polymarket now legally in the clear, the question is whether the U.S. will allow the platform to operate under a regulated framework.

Author: CryptoNews
Wall Street Giant ProShares Launches 2x Leveraged Solana and XRP ETFs – Institutions Coming?

Wall Street Giant ProShares Launches 2x Leveraged Solana and XRP ETFs – Institutions Coming?

Wall Street investment firm ProShares has announced the launch of two new leveraged exchange-traded funds: the ProShares Ultra Solana ETF (SLON) and the ProShares Ultra XRP ETF (UXRP) . Both products offer 2x leveraged exposure to the performance of Solana and XRP, respectively, two of the world’s largest cryptocurrencies by market capitalization. #Solana News: @ProShares Ultra @solana ETF officially filed with #SEC . (Not a Spot ETF, another $SOL price index tracking ETF) ProShares Ultra Solana ETF (the “Fund”) seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily… pic.twitter.com/6o8YRF85Zl — MartyParty (@martypartymusic) July 15, 2025 The newly launched SLON and UXRP expand ProShares’ existing portfolio of leveraged crypto-linked ETFs, which collectively manage more than $1.5 billion in assets. ProShares Granted NYSE Arca Approval—Could XRP And SOL Trading Begin This Week? In an official announcement dated July 15, ProShares CEO Michael L. Sapir stated, “As cryptocurrencies become more widely adopted, investors are turning to platforms like Solana and XRP for exposure to next-generation blockchain technologies.” However, these ETFs do not hold cryptocurrencies directly. Instead, ProShares employs financial derivatives and debt instruments to amplify returns from the underlying assets. This structure means the SOL and XRP ETFs are designed to deliver daily returns that are double (2x) the benchmark’s price performance, magnifying both gains and losses. The launch follows ProShares’ receipt of approval for listing from the New York Stock Exchange Arca (NYSE Arca), as stated in a letter submitted to the U.S. Securities and Exchange Commission on July 14. NYSE Arca, one of the largest exchanges in the United States, has validated the product’s regulatory compliance and market readiness. 🔔 The SEC has cleared ProShares to debut three XRP futures ETFs this week, though spot ETF applications are still pending. #ProShares #XRPETF https://t.co/B3UoTew2Ir — Cryptonews.com (@cryptonews) April 28, 2025 This development creates new opportunities for institutional investors to gain exposure to XRP and SOL through traditional stock market channels, offering a more accessible and regulated pathway compared to direct cryptocurrency trading. Additionally, futures-based crypto ETFs have historically secured regulatory approvals and commenced trading more rapidly than their spot counterparts. While the exact trading commencement date for SLON and UXRP remains unconfirmed, market observers have speculated that trading could begin as early as this week. This launch occurs within the context of a maturing cryptocurrency market, demonstrating the continued integration of digital assets into traditional financial infrastructure. Double Returns, Double Risk: What 2x Leverage Really Means For both Solana and Ripple, these ETFs could potentially enhance market liquidity and attract additional institutional capital from financial companies that have previously remained cautious due to volatility concerns and regulatory uncertainty. However, these investment vehicles carry inherent risks that cannot be overlooked. Given their objective of achieving double daily returns, the ETFs may experience heightened volatility amplification from underlying asset price fluctuations, particularly during periods of market instability. If we were able to document euphoria in a single chart, this could be one of them. Leveraged ETF exposure is at all-time highs, and the vast majority of that exposure is within leveraged long exposure. This amplifies tail risks if we see a meaningful drawdown as many would sell pic.twitter.com/DdYWWxkj4C — Markets & Mayhem (@Mayhem4Markets) November 30, 2024 Following the announcement, both XRP and SOL experienced price declines , with the Ripple-backed token falling 3.11% and Solana declining 3.96% over the same trading period. ProShares’ entry into leveraged XRP and Solana ETFs follows similar moves by other firms. In April, Teucrium launched the first XRP futures ETF , which recorded more than $5 million in trading volume on its debut day, marking the firm’s most successful product launch to date. Similarly, in March, Volatility Shares LLC introduced the first Solana ETFs : the Volatility Shares Solana ETF (SOLZ), which tracks Solana futures, and the Volatility Shares 2X Solana ETF (SOLT), offering leveraged exposure. ProShares’ Billion-Dollar Crypto ETF Empire ProShares has maintained a leadership position in the ETF space since 2006, currently managing over $85 billion in assets and offering one of the industry’s most comprehensive ETF lineups. The firm introduced cryptocurrency ETF offerings with the launch of the first U.S. bitcoin-linked ETF (BITO) in October 2021. ProShares data shows first #BTC futures-backed #ETF is still trading at a modest premium despite initial worries. Read more 👇 https://t.co/h6N9niav8R — Cryptonews.com (@cryptonews) October 28, 2021 Currently, ProShares operates the largest lineup of crypto-linked funds in the United States, comprising 12 ETFs and three ProFunds mutual funds. In January, ProShares submitted proposals for three XRP-based funds, including UXRP, a Short XRP ETF, and an Ultra Short XRP ETF. Multiple financial firms have submitted proposals for ETFs tracking cryptocurrencies beyond Bitcoin and Ethereum, with Solana, XRP, and Dogecoin emerging as the most prominent alternatives under consideration.

Author: CryptoNews
DOJ, CFTC close Polymarket case months after FBI raid, no charges filed

DOJ, CFTC close Polymarket case months after FBI raid, no charges filed

Eight months after FBI agents stormed his Soho penthouse, Polymarket CEO Shayne Coplan has the last laugh. The DOJ and CFTC quietly dropped their probes with nothing to show, exposing the cracks in Washington’s crypto crackdown. On July 15, Bloomberg…

Author: Crypto.news