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Crypto Regulation

Webull to Offer Kalshi-Listed Bitcoin Perpetual Futures to US Customers in November

Webull will roll out Kalshi-listed Bitcoin perpetual futures to eligible US futures customers in November, letting them trade the no-expiry crypto contracts from their existing brokerage accounts. The online brokerage said wider access to the contracts is expected before the end of 2026.

Original source

AI take

The significance here is distribution rather than product novelty: Kalshi's regulated perpetuals reach retail through an existing brokerage account, folding a crypto-native instrument into familiar equity-market plumbing. It affects US futures-eligible Webull customers first, with the broader rollout framed as a multi-quarter process — a reminder that regulated crypto derivatives are scaling through partnerships, not new venues. Worth watching is whether this account-level access model draws meaningful flow and whether similar brokerage integrations follow, since that, not the contract itself, would mark a structural shift.

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