What is CFTC?

The Commodity Futures Trading Commission (CFTC) is a U.S. federal agency that regulates derivatives markets, including futures and swaps. The material tracks its stance on crypto perpetuals, its regulatory track record, and its recent rejection of CME’s 24/7 trading proposal.

• Jun 2026 - David Hoffman said the CFTC has explicitly stated it is not encouraging applications for perpetuals on equity instruments or securities.
• Jun 2026 - Mike Selig said the CFTC hasn’t approved a new type of derivative instrument for over a decade.
• Jun 2026 - Mike Selig said the CFTC-regulated FTX entity was the only safe one, indicating that regulation works well.
• Jun 2026 - David Hoffman predicted that Bitcoin price would not move much once perpetuals launch domestically, and if wrong, that would be the tell.
• Jul 2026 - Ryan Sean Adams said the CFTC denied CME’s request to launch 24/7 markets, telling them to stay in their lane.