US Approves Bitcoin Perpetual Futures Contracts: CFTC Confirms
US Approved Bitcoin Perpetual Futures Finally- CFTC Gave the Green Light
- CFTC approves KalshiEX to list BTCPERP - the first regulated Bitcoin futures in the US
- CFTC Chairman called the decision a "major step forward" for US crypto leadership
- Customers can access BTCPERP through Deribit
- This announcement pushed Coinbase (COIN) stock to rise 4%, and Robinhood (HOOD) surge 11%
Why This is a Big Deal for the Crypto Market
Until May 29, 2026, US traders wanting to access Bitcoin perpetual futures- the most traded crypto derivative in the world, had to go offshore, using exchanges like Binance or Bybit with little regulatory protection.
That changes now. On May 28, 2026, Kalshi submitted the BTCPERP Contract for Commission review and approval. And on May 29, 2026, CFTC approved KalshiEX's BTCPERP contract in compliance with all applicable provisions of the Commodity Exchange Act and the Commission’s regulations thereunder.
For the first time, US investors can hold continuous Bitcoin price exposure on a fully regulated domestic platform, without expiry dates or the risk of unregulated counterparties. CFTC Chairman Mike Selig said,
“The decision lays the groundwork to bring innovation and liquidity back to the U.S. that was driven overseas by the previous administration.”
Coinbase, the largest crypto exchange in the U.S., said that domestic customers can soon trade Crypto perpetual futures listed on Deribit, which is Coinbase’s Dubai derivatives exchange that it bought last year, through an affiliate. After this announcement, Coinbase shares rose 4% on Friday.
The CEO of Kalshi, Tarek Mansour, said,
“Like we did with prediction markets, we’ve rebuilt perps from the ground up, regulated first and institutional-grade. An American exchange, under American law, offering the most expressive financial instrument ever designed, to anyone with a view worth trading.”
Market Reaction and Technical Outlook
Bitcoin was trading near $73,500 at the time of news release, after pulling back from its May 6 high price of $82,000.Despite the positive regulatory news, short-term price momentum remains mixed as ETF outflows weighed on sentiment.
Key indicator levels to watch-
Support: $70,000
Resistance: $82,000-the recent swing high
What Should Crypto Traders Do Now?
This is a structural shift, not a short-term signal. Retail traders should treat the CFTC approval as a long-term positive for Bitcoin market credibility, not a reason to rush into leveraged positions right now.
- Wait for confirmation before taking a long position
- Keep an eye on when KalshiEX officially launches BTCPERP trading for a clear market signal
- Manage leverage carefully, as regulated perpetuals come with only margin rules
About the author:
Sarah ThompsonLead Forex Strategist & Financial Writer
Sarah Thompson is a professional Forex trader with over 7 years of experience in the financial markets. She specializes in Forex trading strategies, technical analysis, Gold and Indices market trends, risk management, and performance evaluation. Since joining SureShotFX in 2021, Sarah has authored numerous in-depth articles, reports, and insights for traders of all experience levels.
