Kalshi Files CFTC Application for Shiba Inu Perpetual Futures Amid 80% Price Decline

KALSHI-7.08%
SHIB-5.07%
BTC-2.18%
ETH-8.22%

Kalshi filed with the U.S. Commodity Futures Trading Commission in June 2026 to list Shiba Inu perpetual futures. The filing follows Kalshi's successful launches of Bitcoin perpetual futures in late May 2026 and Ethereum perpetual futures on June 4, both under CFTC regulation. SHIB trades near $0.000005 in June 2026, down more than 80% from its 2025 highs. The move introduces regulated leverage to a meme coin facing extreme bearish sentiment, with 78% of technical indicators on Changelly flashing sell signals and the Fear and Greed Index at 23, classified as 'Extreme Fear.'

Changelly and CoinLore Data Show 78% Bearish Indicators for SHIB

Changelly's analysis places 78% of indicators in bearish territory, with a Fear & Greed Index reading of 23. The 50-day moving average is falling on both the four-hour and weekly charts. The 200-day moving average has been declining since November 2025.

CoinLore's technical snapshot shows 14 of 23 signals favor sellers, while only 2 favor buyers. The RSI sits at 36.99. SHIB trades at immediate support near $0.0000056, with resistance at $0.0000059. CoinLore data shows a close below support would open the path toward $0.0000050. Compared to its October 2021 all-time high near $0.000088, SHIB has lost approximately 94% of its peak value.

Shibarium Processes Over 1.5 Billion Transactions with 70% Fee Burns

Shibarium, Shiba Inu's Layer 2 scaling solution, has processed more than 1.5 billion transactions. The protocol directs 70% of transaction fees toward burning SHIB tokens. The total circulating supply remains at approximately 589.2 trillion SHIB. At the current burn rate, removing 1% of the circulating supply would require burning roughly 5.9 trillion tokens. Annual Shibarium fee revenue produces burn volumes measured in billions, not trillions.

Kalshi Launches Bitcoin and Ethereum Perps Before SHIB Filing

Kalshi launched Bitcoin perpetual futures in late May 2026 and Ethereum perpetual futures on June 4, both under CFTC oversight. DailyCoin noted that Kalshi's SHIB filing represents a structural milestone in bringing regulated leverage to meme tokens. If approved, U.S. traders would gain the ability to short SHIB through a CFTC-regulated venue. Bitget reported that traders are reducing exposure while waiting for a clearer directional catalyst.

Shiba Inu Surpasses 1.5 Million Holders on Etherscan

Shiba Inu surpassed 1.5 million holders on Etherscan, a milestone FinanceFeeds tracked when analyzing holder metrics across top altcoins.

InvestingHaven and Coinpedia Forecast Divergent 2026 Price Ranges

InvestingHaven projects a trading range between $0.0000050 and $0.000009 for 2026, with upside to $0.000010 on a strong catalyst. Coinpedia's technical analysis places the 2026 range between $0.0000200 and $0.000099. Changelly's models forecast an average June 2026 price of $0.00000626.

CFTC Reviews Kalshi SHIB Perp Filing on Case-by-Case Basis

Kalshi's SHIB perpetual futures filing is subject to CFTC review on a case-by-case basis. The CFTC's approval of Bitcoin perpetual futures established a precedent for crypto perpetual futures under U.S. commodity law.

FAQ

What did Kalshi file with the CFTC in June 2026? Kalshi filed with the CFTC to list perpetual futures on 12 altcoins, including Shiba Inu, following its successful launches of Bitcoin perpetual futures in late May 2026 and Ethereum perpetual futures on June 4.

How far has SHIB declined from its 2025 highs? SHIB trades near $0.000005 in June 2026, down more than 80% from its 2025 highs. Compared to its October 2021 all-time high near $0.000088, SHIB has lost approximately 94% of its peak value.

How many transactions has Shibarium processed? Shibarium has processed more than 1.5 billion transactions. The protocol directs 70% of transaction fees toward burning SHIB tokens, with the total circulating supply remaining at approximately 589.2 trillion SHIB.

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