Popular crypto prediction market platform Kalshi has filed with the Commodity Futures Trading Commission (CFTC) to self-certify perpetual futures contracts tied to XRP, Solana (SOL), Dogecoin (DOGE), and nine other major cryptocurrencies. The move comes days after the CFTC approved Kalshi’s Bitcoin perpetual futures—the first such product on a CFTC-regulated exchange.
The proposed list includes XRP, SOL, DOGE, Stellar (XLM), Chainlink (LINK), Litecoin (LTC), Hedera (HBAR), Polkadot (DOT), Shiba Inu (SHIB), Bitcoin Cash (BCH), Sui (SUI), and Ethereum (ETH). Kalshi aims to provide U.S. traders with regulated exposure to these assets without relying on offshore exchanges, using perpetual futures ("perps") that track spot market prices via funding rate mechanisms.
To underpin pricing, Kalshi will integrate CF Benchmarks’ regulated data, aggregating from exchanges like Coinbase and Kraken. This step reflects the CFTC’s broader push to onshore crypto derivatives trading, as Chair Mike Selig stated the agency would “use the tools at its disposal to onshore crypto asset perpetuals.”
For XRP in particular, the product could unlock significant institutional access: XRP already commands roughly $3 billion in perpetual futures open interest globally. Spot XRP ETFs also continue to attract inflows, with Canary Capital’s XRPC fund recording $4.13 million on June 1 even as Bitcoin and Ethereum ETFs suffered outflows. If approved, Kalshi’s futures could become one of the most important additions to the U.S. crypto derivatives market in 2026.
