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Three ETFs offer rare public access to private prediction market firms like Kalshi amid growing interest.

Market News
22 Sep 2026
Seeking Alpha
View Source
Neutral
Three ETFs offer rare public access to private prediction market firms like Kalshi amid growing interest.

Prediction markets such as Kalshi and Polymarket are gaining popularity but remain private and largely inaccessible to public investors. Three ETFs—ERShares Private-Public Crossover ETF (TOLL), Tema Durable Quality ETF (XOVR), and Tema Trading & Prediction Markets ETF (DICE)—provide rare exposure to these private firms, each with different allocations and liquidity profiles. TOLL notably allocates about 12% to Kalshi, while XOVR has experience accessing private shares; DICE is newer and less liquid. Investors should note that ETF liquidity does not guarantee liquidity in the underlying private shares, and allocations may change, especially before any IPOs.

Prediction markets ETFs are spotlighted with a notable allocation of about 12% to Kalshi in the ERShares Private-Public Crossover ETF. For readers following US stocks on Pluang, here is the market snapshot as of Sep 23, 2026 00:51 WIB: out of 150 priced stocks, 78 rose and 72 fell. Notable movers include Spotify Technology (USD 499.14, -3.41%, 91% buy orders), Wells Fargo & Co (USD 83.63, -3.37%, 99% buy orders), and JPMorgan Chase & Co (USD 340.54, -3.27%, 87% buy orders).

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