CFTC Approves KalshiEX to List Bitcoin Perpetual Futures Contract BTCPERP

In late May 2026, the Commodity Futures Trading Commission approved KalshiEX to list BTCPERP, a Bitcoin perpetual futures contract that references the spot price of Bitcoin. According to NS3.AI, the approval provides a regulated route for Bitcoin perpetual futures in the U.S. market. The article says regulated perpetuals could enable leveraged exposure and support hedging and arbitrage activity across spot, ETF, and futures markets. It also notes that leverage-related risks remain even under a regulated framework.