Kalshi to Launch Cryptocurrency Perpetual Futures Contracts
- Kalshi plans to introduce perpetual futures contracts for cryptocurrencies, including Bitcoin.
- Perpetual futures allow traders to speculate on price movements without an expiration date, providing continuous exposure.
- The Commodity Futures Trading Commission (CFTC) regulates Kalshi, positioning it as a compliant alternative to offshore platforms.
- Daily perpetual futures volumes reached nearly $20 billion recently, although they are about half of their peak levels.
- Coinbase and Kraken have also expanded their offerings in the perpetual futures market for non-US residents.
Kalshi’s entry into cryptocurrency trading marks a significant shift from its traditional event-based derivatives business toward continuous financial markets, appealing to both retail and institutional traders.
With the CFTC’s regulatory oversight, Kalshi aims to capture a share of the growing perpetual futures market, which has seen daily volumes nearing $20 billion recently. (Source)
