CFTC Approves Kalshi to Offer Bitcoin Perpetual Futures
- The CFTC has approved Kalshi to offer Bitcoin perpetual futures in the U.S.
- Kalshi plans to launch these futures within the next month, marking a significant product expansion.
- The market for perpetual futures saw $90 trillion in trading volume last year, previously inaccessible to American institutions.
- Polymarket also plans to offer similar products, intensifying competition in the derivatives exchange sector.
The CFTC’s approval of Kalshi’s Bitcoin perpetual futures reflects growing acceptance of such derivatives in the U.S., opening new avenues for speculation and capital allocation among American businesses.
With $90 trillion in trading volume last year, this development marks a pivotal shift for U.S.-based traders seeking regulated access to perpetual futures markets. (Source)
