[Kalshi: The U.S. CFTC Is Not Investigating Its Trading Activities] According to Coindesk, Kalshi stated that the U.S. Commodity Futures Trading Commission (CFTC) has not contacted them, and the company does not believe it is under formal investigation. Kalshi refuted reports suggesting that its prediction market trading activities are under regulatory scrutiny. Most of the trading volume in Kalshi's Bitcoin and Ethereum perpetual contract markets consists of trades of the same size. Many Ethereum perpetual contract trades are concentrated around $5,500, while Bitcoin perpetual contract trades are concentrated around $2,500 or $5,000. The Wall Street Journal reported similar data late Tuesday, adding that after nearly one million similarly sized trades appeared in the Ethereum market, the U.S. CFTC is investigating Kalshi's trading activities.