According to Bloomberg ETF analyst James Seyffart, the first batch of “prediction market” ETFs could be listed on US exchanges as early as next week.
On Tuesday, Roundhill (based in New York) filed a “post-effective” amendment under Rule 485(b) with the U.S. Securities and Exchange Commission (SEC), thereby resetting the effective date of its previously filed application.
"It looks like we'll see an ETF prediction market launch next week," Seyffart said .
The filing indicates that Roundhill's six prediction market funds will have a new effective date of May 5th. These six ETFs are: 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.
According to Roundhill's February filings , these funds allow investors to "bet" on the outcome of the US election through event contracts. Each fund is designed to appreciate in value if the target party wins, and could lose almost everything if that party loses.
The President ETF group targets the 2028 presidential election results, while the Senate and House funds target the November 2026 midterm elections.
Besides Roundhill, GraniteShares and Bitwise (a major crypto ETF issuer) also filed similar applications in February, and Seyffart predicts they could launch around the same time. He previously commented that this is a trend towards "financializing" and "ETF-izing" everything, and there will likely be more applications like this.
Bloomberg's senior ETF analyst, Eric Balchunas, also commented when Roundhill filed its application: "This could be a major breakthrough. If approved, it would… open huge doors for many product types."
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The article "First ETF Prediction Market Coming Soon" first appeared on CoinMoi .
