SEC Delays Launch of First Prediction Market ETFs Amid Regulatory Scrutiny
The U.S. Securities and Exchange Commission (SEC) has delayed again the launch of first-ever prediction market exchange-traded funds (ETFs), extending regulatory uncertainty for this emerging sector. The delay affects over 20 funds from issuers like Roundhill, Bitwise, and GraniteShares that are tied to political and economic outcomes. Meanwhile, the Commodity Futures Trading Commission (CFTC) has provided support by backing Kalshi in legal challenges.
Topics: CFTC support ETFs prediction markets SEC delay