Prediction market operator Kalshi filed with the Commodity Futures Trading Commission to launch perpetual futures tied to copper prices.
Myriad: Bitcoin next price move? Click to make your prediction. According to the Kalshi filing, the Copper Perp contract would be settled in cash, with no physical copper changing hands. Periodic payments between long and short traders would help keep its price aligned with the underlying copper price.
Copper is a critical industrial metal used in power grids, construction, electric vehicles, electronics and the infrastructure supporting AI data centers. It is already actively traded through major futures markets, including CME’s COMEX, the London Metal Exchange and the Shanghai Futures Exchange.
