Bernstein sees annual prediction market volumes hitting $10 trillion by 2035 as financial assets overtake sports

60-second summary
Bernstein predicts global prediction‑market volume will reach $10 trillion by 2035 as financial‑asset contracts outpace sports betting, driven by institutional adoption and AI‑enhanced forecasting. The firm cites rapid growth in derivatives tied to equities, commodities and climate outcomes, suggesting that expanding capital flows will reshape risk‑pricing, boost liquidity and pressure traditional betting operators.
Bernstein projects global prediction market volume will hit $10 trillion by 2035, driven by expanding financial assets.