Prediction market volume hits record $22.2B weekly amid NFL surge
- —Weekly volume on Kalshi and Polymarket reached a record $22.2B
- —The two weekend days alone accounted for $8.56B
- —Sports made up over 80% of Kalshi's September volume
- —Combo contracts were 65% of Kalshi volume and 53% on Polymarket
Why it matters: The outcome of the fight between states, the CFTC and the NFL will decide whether prediction markets can operate nationwide under federal oversight.
Source: Blockmedia