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Midterm trading nears $1.5 billion as media weigh prediction odds

Bloomberg citing Dune data estimates total trading volume on Kalshi and Polymarket related to the midterm elections at approximately 1.5 billion dollars as the November 3 vote nears. The report notes media partnerships including CNBC with Kalshi and Dow Jones featuring Polymarket data, while CNN said it will not reference prediction odds during election night live coverage.

Trading tied to the midterm elections on Kalshi and Polymarket has reached approximately $1.5 billion, according to Bloomberg, citing Dune data. The estimate comes as the November 3 vote approaches.

The figure covers total election-related trading volume across the two platforms. The supplied summary does not break that total down by platform or individual market.

Media take different approaches

The Bloomberg report highlights media partnerships involving prediction-market data, including CNBC with Kalshi and Dow Jones featuring Polymarket data.

CNN, meanwhile, said it will not reference prediction odds during its live election-night coverage. That decision marks a different approach to presenting these markets as the results unfold.

What it means for prediction markets

  • The approximately $1.5 billion estimate measures trading activity, not the accuracy of market forecasts or support for a particular election outcome.
  • CNBC’s relationship with Kalshi and Dow Jones’ use of Polymarket data provide channels for prediction-market information to reach news audiences.
  • CNN’s decision shows that election-night use of prediction odds is not uniform across media outlets.
KalshiPolymarketElectionsMidtermsInfiniti MarketsInfiniti Signals

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    KuCoin
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