Kalshi Seeks CFTC Approval for WTI Perpetual Futures

Kalshi is seeking approval from the US Commodity Futures Trading Commission (CFTC) to launch a new type of energy derivative, West Texas Intermediate (WTI) perpetual futures. This product would allow traders to hold positions indefinitely without having to repeatedly roll exposure into new contracts.

The CFTC filing could be made as soon as next week, according to Bloomberg. If approved, this would represent the first oil-linked perpetual futures offering to trade on a regulated US venue.

Kalshi's proposed contract would trade 24 hours a day, five days a week. This is part of a broader industry interest in bringing perpetual products 'onshore' and aligning them with US regulatory frameworks.