After a lot of objection, criticism, and denial, Wall Street is moving onto crypto rails.

According to Bloomberg, crypto exchanges are expanding beyond cryptocurrencies into round-the-clock markets for stocks and commodities. The huge increase in “perpetual futures” trading linked to stocks and commodities further confirmed this sentiment.

How did one month change things for good?

In August, these contracts generated $778 billion in Trading Volume across major crypto venues. They represented 23.48% of all Perpetual Futures activity, compared with only 0.5% in November 2025.

At the same time, their centralized-exchange volume reached $665.42 billion in August, up from only $11.58 billion in January.

The main…