Kalshi reportedly targets CFTC approval for WTI perpetual futures

Kalshi is reportedly preparing to seek approval from the US Commodity Futures Trading Commission (CFTC) for a perpetual futures contract linked to West Texas Intermediate (WTI) crude oil, according to Cointelegraph. The proposed product would have no expiration date and could trade around the clock, five days per week. If filed and approved, the contract would give market participants a new way to access WTI-linked futures through Kalshi’s platform. The report does not provide details on the proposed contract’s specifications, launch timing or approval prospects. WTI is a key benchmark in the global oil market, while the planned product would represent a perpetual format rather than a conventional futures contract with a fixed expiry. The reported move comes as Kalshi seeks regulatory approval for the product from the CFTC.