Crypto
U.S. approves first bitcoin perpetual futures contract as Kalshi lists BTCPERP
Prediction market platform Kalshi has started offering bitcoin perpetual futures trading to U.S. retail investors. It launched BTCPERP, which it said was the first perpetual futures product approved by the U.S. Commodity Futures Trading Commission. The contract has no expiry, tracks the bitcoin spot price and is cash-settled, with trading planned 24 hours a day, 365 days a year. Kalshi and rivals such as Kraken are preparing to expand regulated perpetual offerings.
