Kraken said it expects to launch CFTC-regulated Bitcoin perpetual futures for U.S. institutional clients within 30 days on Bitnomial, a CFTC-regulated exchange recently acquired by Payward, following the CFTC’s approval of Bitcoin perpetual contracts on May 29. Separately, Kalshi has submitted a self-certification filing for perpetual futures linked to Ethereum, XRP, Solana, Dogecoin and other tokens. The CFTC said non-Bitcoin perpetual futures will be reviewed individually, so Kalshi’s proposed altcoin products have not yet been approved. Together, the developments show regulated U.S. crypto derivatives expanding beyond Bitcoin-focused products, while competition grows among exchanges seeking to bring perpetual futures into the domestic market.