polymarket launching BVIV bitcoin volatility contracts while legislators introduce bills to ban sports bettin…

polymarket launching BVIV bitcoin volatility contracts while legislators introduce bills to ban sports betting this week. sports is 35-40% of prediction market volume. top 1% of traders generate 75% of volume. the pivot from gambling to volatility derivatives isn't strategy, it's survival. kalshi at $110m monthly revenue made them too visible. prediction markets are being regulated precisely because they worked.