By Isaac • May 29, 2026 10:31 am •
The CFTC approved the first regulated Bitcoin perpetual futures contract in the United States on May 29, 2026.
The agency issued an Order for Approval to KalshiEX, LLC, a designated contract market, for the listing of the BTCPERP Contract.
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The CFTC described BTCPERP as a perpetual contract that references the spot price of bitcoin and approved it as a futures contract.
Perpetuals have been the dominant way crypto traders take leveraged positions for years. Until now, true perps lived mostly on offshore venues with no U.S. regulatory home.
This order changes the address.
In my first public remarks as @CFTC Chairman, I made clear that the agency would use the tools at its disposal to
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