Kalshi Seeks Approval for 24/7 Perpetual Futures on Stocks and ETFs
Kalshi, an operator of prediction markets, plans to seek U.S. regulatory approval for approximately 60 perpetual futures linked to stocks and exchange-traded funds (ETFs), including Tesla, Apple, and Nvidia.
According to a recent report by The Wall Street Journal, Kalshi wants to offer these products around the clock, giving U.S. traders access to regulated single-stock perpetual futures without using offshore crypto exchanges.
Citadel Securities has argued that equity-linked perps should remain under SEC oversight alongside stocks and listed options, warning that placing them outside SEC regulation could create a 'parallel shadow market'.
The CFTC approved Kalshi's Bitcoin perpetual futures contract on May 29, but this does not grant automatic approval for perps tied to other asset classes, which may require individual assessment.