Bloomberg ETF analyst James Seyffart said the first prediction market ETFs could launch in the U.S. next week.
Bloomberg ETF analyst James Seyffart said the first prediction market ETFs could launch in the U.S. next week. Issuer Roundhill filed a post-effective amendment with the SEC, setting May 5 as the new effective date for six prediction market funds: RPM Democratic President ETF, RPM Republican President ETF, RPM Democratic Senate ETF, RPM Republican Senate ETF, RPM Democratic House ETF and RPM Republican House ETF.
The funds allow investors to take directional positions on U.S. election outcomes through a traditional ETF wrapper, with the presidential ETFs targeting the 2028 presidential election and the Senate and House ETFs targeting the November 2026 midterms. — link