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Cboe launches S&P 500 prediction markets as CFTC sues Kentucky over Kalshi and Polymarket
Jun 24, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
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AI Overview
Cboe Global Markets launched a prediction-markets suite on June 23, listing binary option contracts on the Mini-S&P 500 Index as XSPBW and XSPBX; the contracts went live on Interactive Brokers and will roll out to Charles Schwab in coming months. The contracts operate economically like Kalshi and Polymarket, signaling increased mainstream adoption of crypto-style prediction markets and greater competition for DeFi/DEX event platforms and CEX offerings.
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Cboe Global Markets launched its prediction-markets suite on June 23 with binary option contracts on the Mini-S&P 500 Index, listed as XSPBW and XSPBX. The contracts went live on Interactive Brokers Tuesday and roll out to Charles Schwab in the coming months. The XSP contracts work like Kalshi and Polymarket event contracts economically. A “yes”...
