Bernstein believes that prediction markets will benefit trading platforms such as Robinhood and Coinbase.

According to a recent report by Bernstein, as reported by Odaily Planet Daily, prediction markets have evolved from niche "fun betting" into a viable asset class with real capital and regulatory backing, and are becoming part of mainstream financial infrastructure. The report argues that the easing of the US regulatory environment and the growing mainstream presence of major platforms through partnerships with retail apps and large institutions will benefit trading platforms like Robinhood and Coinbase.