Kalshi Seeks US Approval for Perpetual Stock and ETF Futures
KalshiEX has submitted a regulatory proposal to introduce perpetual security futures tied to 58 stocks and ETFs in the United States, though approval from the CFTC is still pending for these crypto-style financial products.
TL;DR
- KalshiEX has submitted proposed listing standards for perpetual security futures connected to 58 different stocks and ETFs.
- The regulatory proposal emerged on September 18 under SEC File No. SR-KALSHIEX-2026-02.
- These financial products are not currently operational, as approval from the CFTC is still awaited.
KalshiEX is currently pursuing regulatory authorization for an offering that would introduce cryptocurrency-style perpetual futures mechanics directly into the United States equity sector.
According to an official rule filing released by the SEC under File No. SR-KALSHIEX-2026-02, the company has outlined proposed listing guidelines for perpetual security futures referencing 58 prominent stocks and exchange-traded funds.
Kalshi Targets Perpetual Exposure To Equities
While perpetual futures currently form a foundation of cryptocurrency trading—permitting positions to stay open indefinitely without a set expiration date while employing funding mechanisms to track the underlying asset—bringing this framework to traditional equities represents a significant evolution.
Adopting this identical architecture for US-listed stocks and ETFs marks a substantial development for the model.
Although Kalshi’s regulatory submission sets out the intended framework, it does not mean these contracts can be traded right away.
The filing clearly specifies that the CFTC has not yet granted its approval for the suggested rule modification.
Filing Is A Regulatory Step, Not A Product Launch
This particular status remains the critical qualification.
Because the offerings are not active, the September 18 submission should under no circumstances be interpreted as proof that equity perpetuals are currently trading on Kalshi’s platform.
Rather, the document provides both regulatory authorities and industry observers with a structured proposal to evaluate.
Should the framework eventually receive a green light, the design could potentially merge historical lines separating prediction-market platforms, derivatives trading venues, and crypto-style perpetual contracts.
At present, however, the verified fact remains entirely procedural: KalshiEX has put forward a proposal for perpetual security futures tied to 58 stocks and ETFs, while formal regulatory clearance is still pending.
Frequently Asked Questions
What did KalshiEX file for?
KalshiEX submitted proposed listing standards to introduce perpetual security futures linked to 58 stocks and ETFs.
When was the proposal published?
The regulatory proposal was published on September 18 under SEC File No. SR-KALSHIEX-2026-02.
Are these perpetual futures currently available for trading?
No, the products are not live, and approval from the CFTC is still pending.
What are perpetual futures?
Perpetual futures are contracts without a fixed expiration date that use funding mechanisms to keep prices anchored to the underlying market.