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Crypto News: Gruntle Confirms Round 7 Presale Closes June 4 as CFTC Greenlights First Regulated Bitcoin Perpetual Futures

Reported by Manilatimes
Jun 1, 2026· 2 min read
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Key Takeaways
  • • Gruntle Round 7 presale closing June 4, 2026: The token presale is 84.8% filled with $104,674 raised toward a $123,433 hard cap; entry price advances from $0.000629 to $0.000631 upon round completion or deadline expiration.
  • • CFTC approves first regulated U.S. Bitcoin perpetual futures contract (May 29, 2026): KalshiEX's BTCPERP received regulatory clearance, enabling leveraged directional Bitcoin exposure within a fully regulated framework without requiring underlying asset ownership.
  • • CME simultaneously launches 24/7 XRP futures under CFTC Order 9240-26: The regulatory expansion extends beyond Bitcoin to ripple-based derivatives, signaling broadened institutional infrastructure for crypto derivatives.
  • • Institutional adoption outpacing retail sentiment: Equity market reaction (Coinbase and Robinhood share surges) contrasts with nine consecutive days of Bitcoin ETF outflows totaling $1.47 billion, indicating a structural gap between institutional and retail confidence.
  • • Community growth and presale momentum: Gruntle's presale has attracted over 5,000 community members with organic on-chain demand, positioning the token ahead of the regulatory infrastructure expansion.
Summary
Gruntle has confirmed that Round 7 of its token presale concludes on June 4, 2026, with current participation reaching 84.8% of the $123,433 hard cap. As of the announcement date, the round had raised $104,674 from approximately 5,000 community members through organic on-chain demand. The entry price is currently set at $0.000629, advancing to $0.000631 upon either the completion of the hard cap or the deadline's arrival, whichever occurs first.

The presale announcement coincides with a significant expansion of the U.S. regulatory framework for cryptocurrency derivatives. On May 29, 2026, the Commodity Futures Trading Commission (CFTC) approved KalshiEX's BTCPERP, marking the first regulated Bitcoin perpetual futures contract approved for listing on a U.S. exchange. Perpetual futures contracts allow institutional and retail participants to express leveraged directional views on Bitcoin's price without holding the underlying asset, operating within a fully regulated framework. Simultaneously, the CME launched 24/7 XRP futures under CFTC Order 9240-26, extending the regulatory infrastructure expansion beyond Bitcoin to other major digital assets.

Market reaction to these regulatory approvals underscored institutional confidence in the crypto derivatives ecosystem. Shares of Coinbase and Robinhood both surged on the news, reflecting analyst and investor interpretation of the CFTC's actions as structurally positive for the broader digital asset sector. However, this institutional enthusiasm has not yet translated to sustained retail participation, as evidenced by nine consecutive days of Bitcoin ETF outflows totaling $1.47 billion. This divergence between institutional infrastructure advancement and retail sentiment represents the market environment in which Gruntle's presale is executing, positioning the token within an expanding but bifurcated investor landscape.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Manilatimes Crypto News: Gruntle Confirms Round 7 Presale Closes June 4 as CFTC Greenlights First Regulated Bitcoin Perpetual Futures