CFTC Approves First Regulated Bitcoin Perpetual Futures Contract for KalshiEX
CIE News ·
What Happened
The CFTC granted regulatory approval to KalshiEX for a Bitcoin-linked perpetual futures contract (BTCPERP), marking the first time the agency authorized a cash-settled crypto perpetual futures product on an approved U.S. designated market.
Why It Matters
It represents the first formal authorization by the CFTC of a cash-settled crypto perpetual futures product on an approved U.S. designated market, utilizing continuous funding without expiration dates.