Kalshi seeks to certify derivatives tied to 12 altcoins
Kalshi has applied to self-certify derivatives tied to 12 major altcoins, following the CFTC’s approval of Bitcoin perpetual futures.
The CFTC indicated that perpetual futures would be approved on a case-by-case basis.
Bitcoin anchors crypto’s derivatives market at nearly $55 billion in open interest, followed by Ethereum ($31.5 billion), Solana ($5.5 billion), and XRP ($3 billion).