Kalshi Just Launched America's First Regulated Bitcoin Perpetual Futures — Here's What That Means for Traders
(121 days ago) · 1 source · Summarized by CryptoBipto
Kalshi, a CFTC-regulated prediction market platform, has launched the first regulated Bitcoin perpetual futures product in the United States. This marks a significant milestone as perpetual futures — the most popular crypto trading instrument globally — have until now only been available to U.S. traders through offshore or unregulated platforms.
WHY IT MATTERS
Think of perpetual futures like a bet on Bitcoin's price that never expires — unlike traditional futures that have a set end date, perps let you hold your position indefinitely. They're by far the most popular way to trade crypto globally, but in the U.S., they've only been available on sketchy offshore platforms because no regulator had approved them. Kalshi getting the green light to offer them is like a popular underground card game finally getting a licensed casino to host it — it means more protections for players, more legitimacy for the game, and potentially a lot more people willing to participate.
Read the full analysis with a CryptoBipto membership
Members can read the full analysis of every story, not just the headline.
Get startedSOURCES
- Source
RELATED
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- How do crypto trading and market structure work?How crypto markets are actually built — spot and futures, margin and leverage, liquidation, market makers, spreads and slippage — explained term by term.
- How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.