Ark Invest, led by Cathie Wood, now has direct exposure to Kalshi through three exchange-traded funds: ARKK, ARKW, and ARKF. The firm said it expects the prediction market sector to reach annual trading volume of $1 trillion to $5 trillion over the medium term. Ark Invest also said that although Kalshi remains a private company, it wants to give its investors earlier access to that exposure. The update points to Ark’s view that prediction markets could become a much larger segment over time, while its ETF structure offers a way for existing fund investors to participate before Kalshi becomes publicly listed, according to BlockBeats.
Ark Invest, the investment firm led by Cathie Wood, now has direct exposure to Kalshi through three exchange-traded funds: ARKK, ARKW, and ARKF, according to BlockBeats on Sept. 30.
Ark Invest said it expects annual trading volume in prediction markets to reach $1 trillion to $5 trillion over the medium term.
The firm added that Kalshi is still a private company, but said it wants to let its investors participate as early as possible.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
