Kalshi is launching the first regulated perpetual futures in the U.S.

Kalshi is launching the first regulated perpetual futures in the U.S.

The CFTC approved Kalshi's bitcoin perpetual futures contract, opening a market that has seen over $90 trillion in offshore annual volume

MARTIN LELIEVRE / Getty Images

Kalshi announced Friday the launch of perpetual futures contracts, making it the first company in U.S. history to offer the products on a regulated domestic exchange.

The Commodity Futures Trading Commission issued an order approving KalshiEX's BTCPERP contract, a perpetual futures contract that references the spot price of bitcoin. The agency determined the contract complies with the Commodity Exchange Act and applicable CFTC regulations.

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