According to Decrypt, following the U.S. Commodity Futures Trading Commission (CFTC) approval of Bitcoin perpetual futures (BTCPERP) last Friday, the prediction market platform Kalshi acted quickly on Monday, June 1st, submitting an application to the CFTC to launch 12 mainstream altcoin perpetual futures derivatives through a self-certification process. The list of altcoins includes ETH, XRP, SOL, DOGE, XLM, LINK, BCH, LTC, SUI, SHIB, DOT, and HBAR. Since the CFTC previously stated that it would review perpetual futures other than Bitcoin on a case-by-case basis, these derivatives have not yet received final approval.

BTC-3.95%
KALSHI-1.65%
ETH-0.23%
XRP-3.41%
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AirdropUnderTheNeonBridge
· 3h ago
Kalshi’s move was quick this time. As soon as the CFTC signaled it was easing up on Bitcoin perpetuals, they started placing bets on altcoins. The list of 12 coins is pretty representative—SOL, DOGE, and SHIB are all on it, with the kind of familiar “retail investor” flavor you’d recognize.
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On-ChainSoilAfterTheRain
· 3h ago
LINK and DOT are on the list; DeFi veterans should pay attention. Perpetual futures significantly impact the pricing of protocol tokens, and arbitrage opportunities will change.
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ExitLiquidityIntern
· 3h ago
Self-certification is highly efficient, but the risk is right here too. Does Kalshi really dare to roll out 12 at once—betting on a Bitcoin precedent, or wagering on the regulatory timeline?
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GateUser-16838403
· 3h ago
Both XRP and XLM, these payment-sector “brothers,” have been selected. The SEC case hasn’t finished yet, and the CFTC has moved first by bringing futures—regulatory arbitrage has been confirmed.
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MorandiLily
· 3h ago
It's a bit surprising that SUI and HBAR made the list—new public chains alongside established enterprise chains. What exactly are the CFTC's evaluation criteria?
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PaperHandsPro
· 3h ago
The CFTC's cracks are widening, from Bitcoin to 12 altcoins, traditional financial derivatives are systematically integrating into crypto, and this wave of compliance is even deeper than ETFs.
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StakingDaydreamer
· 3h ago
Case-by-case review of these four characters is key; ETH probably won't have much trouble, but whether meme coins like SHIB and DOGE can pass is really uncertain, as regulatory attitudes are clearly divided.
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