Kalshi has become the first U.S. exchange to receive regulatory approval for offering perpetual futures contracts, a type of derivative popular in crypto trading. The Commodity Futures Trading Commission (CFTC), under Chairman Mike Selig, greenlit the listing of Bitcoin perpetual futures, marking a significant step for U.S. traders accessing this market. These contracts, which lack an expiry date and allow for high leverage, saw $86 trillion in volume globally last year, with platforms like Hyperliquid gaining traction among commodity traders. AI
IMPACT This regulatory approval for perpetual futures could influence how AI-driven trading strategies are developed and deployed in new markets.
RANK_REASON Regulatory approval for a new financial product type in the US. [lever_c_demoted from significant: ic=1 ai=0.4]
- Bitcoin
- Coinbase
- Hyperliquid
- Intercontinental Exchange
- Jeffrey Sprecher
- Kalshi
- Commodity Futures Trading Commission
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