The introduction of regulated perpetual futures in the U.S., valued at a staggering $90 trillion, has sparked a cautious reaction from major banks. While agile trading firms and cryptocurrency exchanges are keen to capitalize on the significant retail demand, traditional Wall Street players are adopting a wait-and-see approach. They are looking for enhancements in liquidity, clearer regulatory guidelines, and the development of essential infrastructure before fully engaging with this new financial product. This measured response reflects the broader hesitance within the financial sector to embrace innovations without sufficient safeguards in place.