Forecast Trend Report by Period
The US Securities and Exchange Commission has delayed the launch of exchange-traded funds tied to prediction markets for political and economic events.
Reuters reported on May 4 that the SEC postponed review of 24 prediction-market ETFs proposed by Bitwise, Roundhill and GraniteShares for additional consideration.
The funds were filed in February and were nearing the end of a 75-day review period. Under existing rules, they could otherwise have taken effect automatically if the regulator had not intervened.
The ETFs are structured to give investors exposure to the outcome of specific events, including the 2028 US presidential election, layoffs in the technology industry and the possibility of a recession.
Unlike traditional ETFs that track assets or indexes, the products have a binary structure in which returns depend on the outcome of an event. That has raised concerns about volatility and investor risk. Some filings stated that investors could lose most of their money.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
