Bitwise and GraniteShares have joined Roundhill Investments in seeking SEC approval for prediction market ETFs, aiming to capitalize on the growing popularity of event-based contracts. These ETFs would invest in binary event contracts tied to US political elections, offering investors exposure to market-implied probabilities of election outcomes. If the predicted party loses, investors could lose substantially all investment value. While these ETFs could bring liquidity from traditional finance to prediction markets, regulatory hurdles remain a key concern, as the SEC has been cautious regarding crypto and event-based derivatives, potentially impacting approval.
Bitwise and GraniteShares Join to Launch Prediction Market ETFs
