Crypto
Kalshi\'s 15-minute gold bets surge, overtake Ethereum within a month
Kalshi\'s 15-minute gold market surpassed its Ethereum market within weeks of launch, drawing attention for generating more contracts and fees in about a month. In September, Kalshi\'s gold contracts totalled 542 million with an estimated $5 million in fees, exceeding Ethereum\'s 318 million contracts and $2.6 million in estimated fees. Kalshi said commodities volume reached $400 million in September, more than four times crypto volume, as short-term markets expanded rapidly.