CFTC Approves US Regulated Bitcoin Perpetual Futures Contracts

The CFTC has made a major move in the US cryptocurrency derivatives market by granting regulatory approval to KalshiEX and Coinbase for the launch of bitcoin perpetual futures contracts.

This development marks a significant shift in the market, allowing American traders to access domestically regulated perpetual contracts. Previously, these products were confined to international platforms.

The CFTC's authorization allows KalshiEX to offer a bitcoin-linked perpetual futures instrument called BTCPERP, which provides market participants with exposure to bitcoin prices without requiring actual ownership. The product will be available through the registered trading venue, KalshiEX.