Ted Hisokawa
Jun 01, 2026 18:03
In late May 2026, Kraken planned to roll out regulated BTC perpetual futures in the US after CFTC approval, signaling onshore hedging.
Developments
Bitcoin price rose to a fresh level in June, with key price action surrounding BTC nudging higher. Polymarket traders have begun reconciling the ladder contract as buyers push the near-term upside probabilities higher, driving activity around the top strikes.
In late May 2026, Cointelegraph reported that Kraken plans to roll out regulated perpetual futures contracts in the US within about a month, following the CFTC’s approval of BTC perpetual futures. The exchange signaled listing on Bitnomial Exchange, which is controlled by Kraken’s parent company, Payward, as part of a broader push to bring regulated crypto derivatives onshore. The story noted ongoing regulatory filings and the competitive cadence among Kalshi and Coinbase to broaden regulated crypto derivatives offerings in the United States. The surrounding coverage highlighted how US regulators are weighing the path for onshore perpetual contracts, with a focus on ongoing guidance from the CFTC on 24/7 trading and settlement. The piece documented market participants’ anticipation of US clients gaining access to regulated BTC perpetuals and the potential for increased liquidity across regulated venues.
Prediction Market Reaction
This price_ladder contract shows a concentrated betting pattern around the upside and downside strikes as traders place relative bets on whether BTC will clear key levels in June. Yes odds for the leading strike at 72,500 hover near 91%, while the corresponding No edge sits around 9%. At 70,000, the Yes odds sit about 79% with No at 21%; at 75,000, Yes about 62% and No about 38%. Farther out, the 60,000 and 65,000 strikes display progressively skewed odds toward bearish outcomes, with 60,000 showing roughly 9.5% Yes vs 90.5% No, and 65,000 at 32% Yes vs 68% No. Overall volume on the ladder stands near USD 811k, signaling a focused stance among traders across multiple strikes rather than a single near-term settlement.
By the Numbers
- Platform: Polymarket
- Market: What price will Bitcoin hit in June?
- Contract type: Price strike ladder: each rung has separate Yes/No; Yes means the spot price is above that USD strike at settlement.
- Resolution window: Jul 01, 2026 (UTC)
- Status: Active (open for trading)
- Volume: ~$810,898
- 24h change: +0.0 pp
Top strike rungs
| Strike | Yes | No |
|---|---|---|
| ↑ 72,500 | 91.0% | 9.0% |
| ↓ 70,000 | 79.5% | 20.5% |
| ↑ 75,000 | 62.5% | 37.5% |
| ↓ 67,500 | 54.5% | 45.5% |
+16 more strikes not shown
Related Markets
Image source: Shutterstock
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