Geopolitics Alpha

CFTC opens U.S. stocks to crypto-style futures that never expire

Published . Updated .

Key takeaways

  • Exposed: IBIT, COIN, MSTR, MARA, RIOT
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHACFTC opens U.S. stocks tocrypto-style futures that neverexpireGEOPOLITICS ALPHA

This report is about crypto.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-11.2% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.

  • COIN Coinbase Global-31.4% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • MSTR Strategy-21.8% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • MARA MARA Holdings-6.2% 6d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • RIOT Riot Platforms-52.5% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+4.77%-1.52%baseafter closeafter closeafter closeafter close
COIN+11.73%-1.44%baseafter closeafter closeafter closeafter close
MSTR+7.12%-3.72%baseafter closeafter closeafter closeafter close
MARA+2.51%-5.85%baseafter closeafter closeafter closeafter close
RIOT+3.28%-8.77%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

CFTC opens U.S. stocks to crypto-style futures that never expire Yahoo Finance

Source: Yahoo Finance

How far iShares Bitcoin Trust ETF (IBIT) has moved since 3 Nov 2026

CompanyWhenMoveStatus
Coinbase Global (COIN)three days earlier-1.44%final price
Coinbase Global (COIN)five days earlier+11.73%final price
iShares Bitcoin Trust ETF (IBIT)three days earlier-1.52%final price
iShares Bitcoin Trust ETF (IBIT)five days earlier+4.77%final price
MARA Holdings (MARA)three days earlier-5.85%final price
MARA Holdings (MARA)five days earlier+2.51%final price
Strategy (MSTR)three days earlier-3.72%final price
Strategy (MSTR)five days earlier+7.12%final price
Riot Platforms (RIOT)three days earlier-8.77%final price
Riot Platforms (RIOT)five days earlier+3.28%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)

Companies mentioned with this story

  • IBIT iShares Bitcoin Trust ETF

    In “CFTC opens U.S. stocks to crypto-style futures that never expire,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

  • COIN Coinbase Global

    For “CFTC opens U.S. stocks to crypto-style futures that never expire,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • MSTR Strategy

    Strategy (MSTR) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “CFTC opens U.S. stocks to crypto-style futures that never expire.” Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • MARA MARA Holdings

    MARA Holdings (MARA) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “CFTC opens U.S. stocks to crypto-style futures that never expire.” Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • RIOT Riot Platforms

    For “CFTC opens U.S. stocks to crypto-style futures that never expire,” Riot Platforms (RIOT) is linked, with no stored direction, medium confidence. Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

iShares Bitcoin Trust ETF (IBIT)

“CFTC opens U.S. stocks to crypto-style futures that never expire” (3 Nov 2026) reaches iShares Bitcoin Trust ETF (IBIT) through this story.

For iShares Bitcoin Trust ETF (IBIT), the reason on file says iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

A second company, Coinbase Global (COIN), is listed for a different reason: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

Price levels for iShares Bitcoin Trust ETF (IBIT)

COIN traded between 135.46 and 192.80 across 20 sessions. The latest close on file is 137.85. IBIT traded between 43.03 and 49.09 across 20 sessions. The latest close on file is 43.35. MSTR traded between 124.29 and 168.72 across 20 sessions. The latest close on file is 130.76.

What the saved facts support for iShares Bitcoin Trust ETF (IBIT)

40 out of 100

“CFTC opens U.S. stocks to crypto-style futures that never expire” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.