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Bank of America Research Shows Kalshi's Increased Share in U.S. Prediction Markets

Bank of America research indicates that Kalshi's weekly trading volume has risen sharply over the past year. The platform now accounts for 91% of the U.S. prediction market. Crypto.com's market share in this sector exceeds that of Polymarket, per the report.

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1 source·Apr 8, 7:46 PM(5 days ago)·1m read
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Bank of America Research Shows Kalshi's Increased Share in U.S. Prediction MarketsSubstrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)
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Bank of America research has documented a significant increase in Kalshi's weekly trading volume over the past year. Kalshi operates as a regulated prediction market platform in the United States, allowing users to trade contracts on event outcomes such as economic indicators and political developments. The report attributes this growth to expanded user adoption and broader market offerings.

S. prediction market. This dominance positions Kalshi ahead of other platforms in the sector. Prediction markets enable participants to wager on future events, providing insights into collective expectations.

The same Bank of America research notes that Crypto.

S. prediction market surpasses that of Polymarket. com, primarily known for cryptocurrency services, has entered the prediction space through integrated offerings. U.S. This shift in market shares reflects evolving competition within the prediction market industry.

Kalshi's federal regulatory approval under the Commodity Futures Trading Commission provides it with a structural advantage in the domestic market. com and Polymarket rely on varying degrees of compliance and offshore operations.

markets have gained attention for their potential to forecast real-world events more accurately than traditional polls in some cases.

Kalshi launched in 2021 following regulatory clearance, focusing on non-partisan topics to avoid gambling classifications. The sector's growth coincides with heightened interest in alternative data sources for investors and analysts. Bank of America's report highlights the implications for financial institutions monitoring these markets.

Stakeholders include traders, data providers, and regulators overseeing market integrity. The research draws from volume data and market positioning metrics collected over the past 12 months.

prediction markets expand, regulatory scrutiny may intensify to ensure fair practices.

Kalshi's leading position could influence industry standards for transparency and liquidity. Ongoing volume trends will determine whether current shares remain stable or shift further.

Key Facts

Kalshi market share
91% of U.S. prediction market
Weekly trading volume
sharp rise over past year
Crypto.com vs. Polymarket
Crypto.com holds larger U.S. share
Research source
Bank of America analysis

Story Timeline

2 events
  1. Past year

    Kalshi's weekly trading volume rose sharply, reaching 91% U.S. market share.

    1 source@DeItaone
  2. Recent report

    Bank of America research noted Crypto.com's share exceeding Polymarket's in U.S. prediction markets.

    1 source@DeItaone

Potential Impact

  1. 01

    Kalshi's dominance could attract more institutional investors to prediction markets.

  2. 02

    Increased competition may pressure Polymarket's U.S. operations.

  3. 03

    Bank of America report may prompt further regulatory reviews of the sector.

  4. 04

    Crypto.com's growth in predictions could diversify its revenue streams.

Transparency Panel

Sources cross-referenced1
Confidence score70%
Synthesized bySubstrate AI
Word count298 words
PublishedApr 8, 2026, 7:46 PM
Bias signals removed3 across 2 outlets
Signal Breakdown
Loaded 1Amplifying 1Framing 1

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