Kalshi takes on CME with first-ever U.S. oil futures that never expire

Crypto Insight Summary: Kalshi is trying to drag one of the oldest corners of finance into a very different trading model, asking U.S. regulators to approve an oil futures contract that would stay alive for 10 years before reaching its expiration date. While the product itself is supposed to track West Texas Intermediate crude oil, the real deal... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Novel futures product may attract institutional interest but unlikely to significantly impact crypto market in near term.