Key Takeaways
- • Webull has partnered with prediction market operator Kalshi to offer perpetual futures to US customers starting in November 2026, according to Reuters, with the initial offering covering cryptocurrencies led by Bitcoin.
- • The contracts will list on KalshiEX LLC, a CFTC-regulated exchange, and clear through Kalshi Klear LLC, a CFTC-regulated clearinghouse.
- • Rollout will expand beyond Bitcoin to other crypto assets before year-end, with additional non-crypto products planned subject to regulatory review and exchange listing requirements.
- • Webull US CEO Anthony Denier cited annual global perpetual futures volume exceeding $90 trillion in 2025 as evidence of the product's significance.
- • US demand for crypto derivatives has grown since the CFTC approved the country's first perpetual futures contracts earlier in 2026 for Coinbase and Kalshi.
Summary
Online trading platform Webull said on Tuesday, October 20, that it has partnered with prediction market operator Kalshi to offer perpetual futures to US customers beginning in November, according to Reuters. The offering will launch with cryptocurrencies, starting with Bitcoin and other crypto assets, before expanding more broadly by year-end.
Perpetual futures are derivatives without a traditional expiration date, allowing traders to hold positions indefinitely without rolling over contracts. Webull's contracts will list on KalshiEX LLC, an exchange regulated by the Commodity Futures Trading Commission (CFTC), and will clear through Kalshi Klear LLC, a CFTC-regulated clearinghouse.
Webull US CEO Anthony Denier said perpetual futures have become a significant part of global derivatives markets, with annual volume reaching more than $90 trillion in 2025. Demand for crypto derivatives in the United States has surged since the CFTC approved the country's first perpetual futures contracts earlier this year, for Coinbase and Kalshi.
Webull plans additional products beyond cryptocurrency, subject to regulatory review and exchange listing requirements. Once available, customers will access the offering through their existing Webull Futures accounts.
Perpetual futures are derivatives without a traditional expiration date, allowing traders to hold positions indefinitely without rolling over contracts. Webull's contracts will list on KalshiEX LLC, an exchange regulated by the Commodity Futures Trading Commission (CFTC), and will clear through Kalshi Klear LLC, a CFTC-regulated clearinghouse.
Webull US CEO Anthony Denier said perpetual futures have become a significant part of global derivatives markets, with annual volume reaching more than $90 trillion in 2025. Demand for crypto derivatives in the United States has surged since the CFTC approved the country's first perpetual futures contracts earlier this year, for Coinbase and Kalshi.
Webull plans additional products beyond cryptocurrency, subject to regulatory review and exchange listing requirements. Once available, customers will access the offering through their existing Webull Futures accounts.
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