Commodity Giants Urge CFTC to Kill Kalshi’s Oil Perp Before It Launches
Writer: Tanya Chepkova |
Date: 2026-10-22 21:20:00
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Kalshi’s bid to carry crypto-style perpetual futures to the bodily oil market has triggered an instantaneous revolt from commodity incumbents.
The prediction-market platform filed for a NYMEX-linked WTI perpetual contract on 20 October, a coalition of legacy exchanges and power hedgers, together with CME and ICE, urged US regulators to close the door on the product on 22 October.
How Kalshi’s Oil Perpetual Would…
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