Webull Plans November Launch of Bitcoin Perpetual Futures

Webull plans to begin offering cryptocurrency perpetual futures to eligible U.S. customers in November, using exchange and clearing services provided by Kalshi entities regulated by the Commodity Futures Trading Commission. The planned launch will initially include Bitcoin contracts, though Webull has not announced a specific start date or named any other assets for the first offering. Customers will access the contracts through existing Webull Futures accounts and must be approved to trade futures. Webull has said it expects to expand access before the end of 2026. Its announcement does not specify how many customers will use the product or when broader eligibility would take effect. Under the arrangement, KalshiEX LLC will list the contracts and Kalshi Klear LLC will clear trades, according to Webull. Webull will provide brokerage access. The CFTC approved KalshiEX LLC’s Bitcoin perpetual contract for listing on May 29, 2026, according to reports on the approval. Perpetual futures have no scheduled expiration date. Periodic funding payments are designed to keep contract prices aligned with spot prices. Webull has warned that a position may be automatically liquidated if a...