diff --git a/Lib/test/libregrtest/utils.py b/Lib/test/libregrtest/utils.py
@@ -293,6 +293,13 @@ def clear_caches():
    else:
        importlib_metadata.FastPath.__new__.cache_clear()


def get_build_info():
    # Get most important configure and build options as a list of strings.

@@ -138,9 +138,6 @@ typedef struct {
    /* Counter for autogenerated Task names */
    uint64_t task_name_counter;

-    futureiterobject *fi_freelist;
-    Py_ssize_t fi_freelist_len;
-
    /* Linked-list of all tasks which are instances of asyncio.Task or subclasses
       of it. Third party tasks implementations which don't inherit from
       asyncio.Task are tracked separately using the 'non_asyncio_tasks' WeakSet.
@@ -217,6 +214,16 @@ get_asyncio_state_by_def(PyObject *self)
#include "clinic/_asynciomodule.c.h"


/*[clinic input]
class _asyncio.Future "FutureObj *" "&Future_Type"
[clinic start generated code]*/
@@ -1579,25 +1586,19 @@ FutureIter_dealloc(futureiterobject *it)

    assert(_PyType_HasFeature(tp, Py_TPFLAGS_HEAPTYPE));

-    PyObject *module = ((PyHeapTypeObject*)tp)->ht_module;
-    asyncio_state *state = NULL;
-
    PyObject_GC_UnTrack(it);
    tp->tp_clear((PyObject *)it);

-    // GH-115874: We can't use PyType_GetModuleByDef here as the type might have
-    // already been cleared, which is also why we must check if ht_module != NULL.
-    if (module && _PyModule_GetDef(module) == &_asynciomodule) {
-        state = get_asyncio_state(module);
-    }
-
-    // TODO GH-121621: This should be moved to thread state as well.
-    if (state && state->fi_freelist_len < FI_FREELIST_MAXLEN) {
-        state->fi_freelist_len++;
-        it->future = (FutureObj*) state->fi_freelist;
-        state->fi_freelist = it;
    }
-    else {
        PyObject_GC_Del(it);
        Py_DECREF(tp);
    }
@@ -1801,14 +1802,18 @@ future_new_iter(PyObject *fut)
    asyncio_state *state = get_asyncio_state_by_def((PyObject *)fut);
    ENSURE_FUTURE_ALIVE(state, fut)

-    if (state->fi_freelist_len) {
-        state->fi_freelist_len--;
-        it = state->fi_freelist;
-        state->fi_freelist = (futureiterobject*) it->future;
        it->future = NULL;
        _Py_NewReference((PyObject*) it);
    }
-    else {
        it = PyObject_GC_New(futureiterobject, state->FutureIterType);
        if (it == NULL) {
            return NULL;
@@ -3264,6 +3269,24 @@ task_wakeup(TaskObj *task, PyObject *o)
/*********************** Functions **************************/


/*[clinic input]
_asyncio._get_running_loop

@@ -3676,24 +3699,6 @@ _asyncio_all_tasks_impl(PyObject *module, PyObject *loop)
    return tasks;
}

-static void
-module_free_freelists(asyncio_state *state)
-{
-    PyObject *next;
-    PyObject *current;
-
-    next = (PyObject*) state->fi_freelist;
-    while (next != NULL) {
-        assert(state->fi_freelist_len > 0);
-        state->fi_freelist_len--;
-
-        current = next;
-        next = (PyObject*) ((futureiterobject*) current)->future;
-        PyObject_GC_Del(current);
-    }
-    assert(state->fi_freelist_len == 0);
-    state->fi_freelist = NULL;
-}

static int
module_traverse(PyObject *mod, visitproc visit, void *arg)
@@ -3723,13 +3728,6 @@ module_traverse(PyObject *mod, visitproc visit, void *arg)

    Py_VISIT(state->context_kwname);

-    // Visit freelist.
-    PyObject *next = (PyObject*) state->fi_freelist;
-    while (next != NULL) {
-        PyObject *current = next;
-        Py_VISIT(current);
-        next = (PyObject*) ((futureiterobject*) current)->future;
-    }
    return 0;
}

@@ -3761,7 +3759,8 @@ module_clear(PyObject *mod)

    Py_CLEAR(state->context_kwname);

-    module_free_freelists(state);

    return 0;
}
@@ -3873,6 +3872,7 @@ static PyMethodDef asyncio_methods[] = {
    _ASYNCIO__LEAVE_TASK_METHODDEF
    _ASYNCIO__SWAP_CURRENT_TASK_METHODDEF
    _ASYNCIO_ALL_TASKS_METHODDEF
    {NULL, NULL}
};


diff --git a/Modules/clinic/_asynciomodule.c.h b/Modules/clinic/_asynciomodule.c.h
-Original file line number
+Diff line change
@@ Expand Up / @@ -293,6 +293,13 @@ def clear_caches(): @@
         else:
             importlib_metadata.FastPath.__new__.cache_clear()
     def get_build_info():
         # Get most important configure and build options as a list of strings.
@@ Expand Down @@