US exchanges bet big on crypto derivatives amid tariff turbulence
Competition is heating up among US exchanges for control of the derivatives market for digital assets.
United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments.
Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange (CME) Group have been listing new types of crypto derivatives and mulling multibillion-dollar acquisitions as they vie for control of the burgeoning market.
In April, the stakes became even higher after Trump’s unveiling of sweeping tariff plans sent financial markets into a frenzy and spiked crypto derivatives trading volumes.
English
Spanish
French
German
Arabic
Chinese (Simplified)
Russian
Portuguese
Indonesian
Dutch
Afrikaans
Italian
Vietnamese
Bulgarian
Croatian
Danish
Greek
Hebrew
Hindi
Hungarian
Irish
Japanese
Korean
Norwegian
Persian
Polish
Romanian
Somali
Swedish
Thai