The Commodity Futures Trading Commission has issued an order approving KalshiEX, LLC to list the BTCPERP Contract as a futures contract. The product is a perpetual contract that references the spot price of bitcoin, and the approval allows the designated contract market to list it following Commission review under Regulation 40.3. After reviewing Kalshi’s submission and supporting materials filed on May 28, 2026, the Commission concluded that the contract complies with the Commodity Exchange Act, the Commission’s regulations, and the core principles for designated contract markets. The order requires Kalshi to list and maintain the contract in compliance with applicable requirements. The Commission also noted that perpetual contract designs may not be suitable for all asset classes and encouraged market participants to use the voluntary product approval process under Regulation 40.3 for perpetual contracts on assets not contemplated by this order.
Commodity Futures Trading Commission2026-05-29
Commodity Futures Trading Commission approves KalshiEX listing of perpetual futures contract tied to spot bitcoin
The Commodity Futures Trading Commission has approved KalshiEX, LLC to list the BTCPERP Contract, a perpetual futures contract referencing bitcoin’s spot price, following review under Regulation 40.3. The Commission found the contract compliant with the Commodity Exchange Act, its regulations, and designated contract market core principles, and required Kalshi to list and maintain it in line with applicable requirements. It also cautioned that perpetual contract designs may not suit all asset classes and encouraged use of the voluntary product approval process for other perpetual contracts.