Bitcoin, gold, and oil contracts are among Robinhood's fastest-growing prediction markets as traders shift their focus from sports and elections to financial markets, according to the head of futures and prediction markets at Robinhood.

JB Mackenzie stated at the NEXTPredict conference on Thursday that price volatility contracts have begun to dominate the market as the fastest-growing products. He noted that Robinhood's largest event contract in September was related to the Federal Reserve's interest rate decision, rather than a sporting event, reflecting increasing market interest in economic events. Additionally, traders are leaning towards shorter-term contracts, especially in the crypto space, where some products now have settlement times as short as 15 minutes.