Kalshi Plans to Seek Regulatory Approval for WTI Crude Oil Perpetual Futures

Prediction market platform Kalshi is preparing to apply to U.S. regulators for the launch of WTI crude oil perpetual futures, with approval potentially sought as early as next week. The proposed contract would trade 24/7, five days a week, and feature no expiration date, allowing traders to maintain leveraged positions without the need for periodic rollovers. If approved by the Commodity Futures Trading Commission, this would mark the first regulated crude oil-linked perpetual contract in the U.S. This initiative is part of Kalshi's expansion from predictio