The post Wall Street Banks Restrict Prediction Market Trading over Insider-Risk Fears appeared on BitcoinEthereumNews.com.
Wall Street banks are restricting employee trading on prediction market platforms due to fears that they may use nonpublic information to trade event contracts. Goldman Sachs has reportedly banned its employees from trading on event contracts that are specific to the bank, including financial markets, macroeconomic events, elections and geopolitics, CNBC reported, citing people familiar with the matter. Unnamed sources from Morgan Stanley also told CNBC that the bank has policies regarding prediction market trading by employees, while a spokesperson for Bank of America said the bank was in the process of issuing new prohibitive measures for employees on prediction market trading. The report adds to insider trading fears around prediction markets, which attracted the attention of the White House and US lawmakers, who proposed legislation aimed at restricting politic
The post Kalshi vs Polymarket 2026: Fees, Markets & US Legality appeared on BitcoinEthereumNews.com.
Two years ago the choice in the prediction market space was pretty straightforward. Polymarket was the crypto-native platform Americans weren’t meant to touch while Kalshi was the regulated US exchange that played by the book. Fast forward to today and there are multiple other prediction market platforms like Rothera, Predictdotfun, Opinion, Limitless etc that are looking to bite away at the market share. Despite competition ramping up, Kalshi and Polymarket are by far the leaders in terms of volume, number of trades and open interest. The line from two years ago, however, has mostly dissolved. Polymarket now runs a CFTC-licensed US arm and despite Kalshi fighting roughly a dozen states in the US over whether sports contracts count as gambling, the latest numbers on combined trading volume between the two platforms hit $47.5 billion in the month of June alone this year. That’s more tha
The post ETF Inflows Growth Hits $1 Trillion Milestone in 2026 appeared on BitcoinEthereumNews.com.
The US exchange-traded fund industry just crossed a threshold that felt theoretical not long ago. ETF inflows growth has been so relentless in 2026 that US-listed ETFs surpassed $1 trillion in net inflows before the calendar reached July — a milestone Goldman Sachs flagged as evidence of what it describes as full-scale growth in a wrapper that has systematically eaten the investment world. Key takeaways US-listed ETFs crossed $1 trillion in net inflows before July 2026, with the industry potentially on pace for $2 trillion by year-end. June 2026 alone generated roughly $210 billion in net inflows, with $103 billion going into equity ETFs. Vanguard’s S&P 500 ETF (VOO) pulled in approximately $78 billion year to date through June 2026. Actively managed ETFs accounted for about 36% of all 2026 inflows, a striking shift for an industry built on passive indexing. Bitcoin ETFs saw roughly $4.2
Crypto sponsorships in esports could reshape funding dynamics, while prediction market activity highlights growing financial interest in gaming.
The post Nongshim RedForce eliminates Team Vitality from EWC VALORANT 2026 as crypto sponsors make esports debut appeared first on Crypto Briefing.
The post Wall Street banks restrict staff trading on prediction markets appeared on BitcoinEthereumNews.com.
Major Wall Street banks are tightening employee rules for prediction markets as concerns grow over the use of confidential information on platforms such as Polymarket and Kalshi. Summary Wall Street banks are restricting employee prediction-market trades as concerns about confidential information use increase. Goldman Sachs bars contracts tied to finance, politics, macroeconomics, geopolitics, and bank-specific events for staff. Federal cases and congressional probes are pushing platforms and employers toward tighter surveillance and compliance. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America have added or updated restrictions covering event contracts, according to a Reuters report. The policies aim to reduce insider trading and conflict-of-interest risks. Goldman Sachs limits financial and political trades Goldman Sachs has prohibited employees from trading pr
From welfare and defence spending to cost of living and geopolitics, we the look at issues leftover from Keir Starmer
UK politics live – latest updates
Andy Burnham is expected to become prime minister in less than two weeks, and has promised to significantly change Labour’s agenda and deliver better for all parts of the UK.
But he will arrive with a bulging in-tray of challenges on multiple fronts and issues leftover from Keir Starmer – from geopolitics to the cost of living. Here is what Burnham can expect to find behind the Downing Street black door.
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The post SEC reviews more than 24 ETFs that could bring election betting to brokerage accounts appeared on BitcoinEthereumNews.com.
More than 24 prediction market ETFs proposed by Roundhill, Bitwise, and GraniteShares remain in regulatory limbo, with the SEC yet to act despite the issuers filing their applications in February. The agency pushed back the expected launch timing to gain clarity on fund mechanics and investor disclosures, delaying products that would have reached the market through the normal 75-day automatic effectiveness window. Roundhill’s filings track Democratic or Republican outcomes in the 2028 presidential race, 2026 Senate control, and 2026 House control. Bitwise matched the three election bets with its own PredictionShares lineup, then went further with funds wagering on Bitcoin at $100,000, Ethereum at $3,500, and WTI crude oil clearing a specified price in 2026. Once the SEC accepts the wrapper, almost any measurable event with a legally tradable contract under
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across Polymarket and Kalshi.
