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Wall Street Pushes Deeper Into Prediction Markets With New ETF Filings

by Decrypt
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Wall Street Pushes Deeper Into Prediction Markets With New ETF Filings

In brief

  • Bitwise, Roundhill, and GraniteShares have filed for election-linked prediction market ETFs.
  • Experts say demand and liquidity could be strong from hedge funds, but warn that political event markets also raise manipulation and insider information risks.
  • The filings land as U.S. midterms approach and the CFTC moves to assert federal authority over prediction markets.

Wall Street’s latest push into political prediction markets is drawing both strong liquidity expectations and warnings of…

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