CFTC greenlights Kalshi Bitcoin perp in win for US crypto derivatives

The Commodity Futures Trading Commission has approved KalshiEX’s proposed BTCPERP Contract, allowing the company to list a perpetual futures product linked to Bitcoin’s spot price, according to a Friday statement.

Kalshi submitted the product for approval on May 29, 2026 through the CFTC’s voluntary review framework under Regulation 40.3. After reviewing the filing, the agency concluded that the contract complies with the Commodity Exchange Act and regulatory standards applicable to designated contract markets.

The CFTC explained that its decision was based on Kalshi’s representations regarding the contract’s terms, the nature of the underlying Bitcoin market, and the product’s adherence to required market and compliance safeguards.

Under the approval order, Kalshi must maintain the BTCPERP Contract in accordance with all applicable regulations. The CFTC also emphasized that perpetual contracts may not be appropriate for every asset class and encouraged firms pursuing similar products for other assets to seek formal regulatory review.

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