Key Takeaways:
- The CFTC has approved a BTCPERP contract, which is a perpetual futures contract based on Bitcoin’s spot price, designed by Kalshi.
- Kalshi will be among the first regulated U.S. exchanges to approve a Bitcoin perpetual futures contract.
- The ruling marks an increasing embrace by the regulator for crypto-native derivatives in the U.S. markets.
Kalshi has obtained approval to list a BTCPERP Bitcoin perpetual futures product on its platform from the U.S. Commodity Futures Trading Commission (CFTC). This is an important milestone for crypto derivatives in the U.S., as perpetual contracts have remained a significant feature of the sector.
CFTC Approves Kalshi’s Bitcoin Perpetual Contract
On May 29, CFTC approved the listing of BTCPERP as a futures contract, according to an official order. The product has been submitted for approval by the Comm...
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