Bitcoin Perpetual Futures Are Now Legal in America for the First Time
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- First regulated Bitcoin perpetual futures contract approved in the United States.
- KalshiEX can now list BTCPERP, a no-expiry futures product tied to Bitcoin’s spot price.
- CFTC gives Coinbase legal access to certain Deribit crypto derivatives products.
American investors can now trade Bitcoin perpetual futures on a regulated domestic exchange for the first time, after the U.S. Commodity Futures Trading Commission gave formal approval to KalshiEX LLC on Friday, closing a years-long gap that had pushed one of crypto’s most actively traded instruments entirely offshore.
What Just Happened
The CFTC approved KalshiEX’s BTCPERP contract as a legitimate futures product, allowing the registered exchange to list a no-expiry Bitcoin perpetual tied directly to the spot price of BTC.
On the same day, CFTC staff issued a separate no-action letter confirming that Coinbase …
Read The Full Article Bitcoin Perpetual Futures Are Now Legal in America for the First Time On Coin Edition.
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