US SEC Review Delays Launch of First Prediction-Market ETFs
The U.S. Securities and Exchange Commission is delaying regulatory clearance for more than two dozen prediction-market exchange-traded funds (ETFs), which are designed to track real-world events such as elections, recessions, and tech layoffs. The delay comes after the SEC requested additional information from issuers like Roundhill Investments, GraniteShares, and Bitwise ahead of an automatic 75-day approval deadline that was set to expire this week.
Topics: ETFs prediction markets SEC review