El Salvador president Nayib Bukele called attention on prediction markets, amid increased bets the country will have $1 billion worth of Bitcoin by year’s end.
Bukele, who took to Twitter on Wednesday morning to discuss Kalshi’s predictions market (which shows an increasing bet activity on El Salvador Bitcoin), tweeted about the growing betting activity.BTCHoldings of ) will surpass $1 billion in late 2025.
“I could do the funniest thing right now,” Bukele saidEl Salvador’s odds to reach the $1 billion Bitcoin mark before November are low. jumped Kalshi: from 20% to 38%
Polymarket has launched a competitor platform shortly after Bukele. listed A similar wager, which had odds of 43% for a Bitcoin $1 billion milestone in December 2025.
Kalshi tracks the odds from mid-August
Kalshi’s Bitcoin prediction market for El Salvador has been running since the middle of August. “before December 2025” Bet holdings near 24 % “before November 2025” Until the last couple of days, hovering at 18%.
The spike in the percentage of the population that is now at 38% was a significant increase. “before November 2025” The bet fell to 27% while the “before December 2025” Bet hovered at around 35%.
Kalshi has been monitoring the chances of El Salvador reaching $1 billion in Bitcoin for several days. However, Polymarket launched a market similar to Kalshi’s after Bukele tweeted.
Related: Bitcoin investment banks coming to El Salvador — Gov regulator
“New Polymarket: Will El Salvador hold $1 billion of Bitcoin by…?” The platform posted Kalshi’s Market was featured on X only hours after Bukele brought it to the attention of Thursday.
Cointelegraph contacted Kalshi and Polymarket to ask for their comments on the policies of the markets, but received no response by the publication date.
El Salvador Bitcoins: controversy abounds
The following are some of the ways to get in touch with us Kalshi and Polymarket will capitalize on El Salvador’s Bitcoin investments. However, neither platform has created a betting market regarding a prior controversy.
In July, El Salvador’s central bank president, Douglas Pablo Rodríguez Fuentes, and minister of finance, Jerson Rogelio Posada Molina, claimed that El Salvador had stopped buying Bitcoin after signing the $1.4 billion loan deal With the International Monetary Fund in 2024.
Related: Salvadoran President Nayib Bukele can now run for election indefinitely
Bukele’s Bitcoin Office and El Salvador continued to tweet new Bitcoin acquisitions, despite the fact that these claims were part of El Salvador’s communication with IMF. Bitcoin holdings at present are approximately reported At 6,282 bitcoin ($709 millions).
According to Cointelegraph, as of today, Juan Carlos Reyes has not responded to the July Cointelegraph request for them to explain this controversy.
Toni Gemayel was a former Polymarket and Kalshi executive when the announcement came. announcing Clearing Company has raised 15 million dollars from investors including Coinbase Ventures.
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Source: cointelegraph.com
