Prediction market platform Kalshi has filed a self-certification with the U.S. Commodity Futures Trading Commission (CFTC) to launch perpetual futures tied to 12 crypto assets, including Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera. The move marks a significant push into multi-asset crypto derivatives following the recent approval of Bitcoin perpetual futures.
Last Friday, the CFTC approved Bitcoin perpetual futures but made clear that any similar products beyond Bitcoin would be subject to case-by-case evaluation. The agency noted that the design of perpetual futures contracts may not be suitable for all asset classes. As a result, Kalshi's current submission for these 12 tokens has not yet received regulatory approval, and the products will undergo further CFTC scrutiny before any potential listing.