ME News reports that on September 3 (UTC+8), Kalshi will seek regulatory approval to launch a perpetual futures contract tied to oil. According to a source familiar with the matter, the contract, which is linked to the West Texas Intermediate (WTI) benchmark price, is expected to be submitted for filing with the U.S. Commodity Futures Trading Commission (CFTC) as early as next week. Due to the filing documents not yet being public, the source requested anonymity. If approved, this would be the first such contract traded on a regulated U.S. platform. The source indicated that Kalshi’s oil-linked contract will trade five days a week, 24 hours a day, rather than continuously like its cryptocurrency-linked perpetual contracts. This structure is designed to address regulatory concerns raised during the CFTC’s review. (Source: Foresight News)
Kalshi Seeks CFTC Approval for WTI Perpetual Futures Contract
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Summary
Kalshi is preparing to file for a WTI perpetual futures contract with the CFTC, according to on-chain news from MetaEra. The platform aims to obtain regulatory approval for the first U.S.-listed oil perpetual contract. If approved, the contract will trade 24/5, adapting from Kalshi’s crypto model to comply with CFTC requirements. Token launch announcements suggest the filing could occur as early as next week.
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