CFTC Clears Kalshi to Launch Bitcoin Perpetual Futures ($BTCPERP)

The U.S. Commodity Futures Trading Commission (CFTC) has issued an order authorizing Kalshi to list $BTCPERP, a Bitcoin perpetual futures contract tied to the spot price of Bitcoin. The approval is a first for a designated contract market, marking the inaugural federal sign-off for a perpetual contract under Section 5c(c)(4) of the Commodity Exchange Act. Kalshi said its filing demonstrates the product meets core regulatory requirements, bringing a largely offshore trading product into the U.S. regulated market.