Exchange-traded fund issuers Bitwise and GraniteShares have filed with the US Securities and Exchange Commission to launch funds tied to event contracts on the outcome of US elections.
Bitwise filed a prospectus on Tuesday for a new lineup of ETFs branded PredictionShares, comprising six prediction-market-style ETFs listed on NYSE Arca.
The first two funds will pay out if either a Democrat or a Republican wins the U.S. presidential election in November 2028. The next two will pay out if either Democrats…
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