Bloomberg Analyst: The first batch of prediction market ETFs may be launched next week, with the effective date set for May 5th.

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BlockBeats News, April 29 — Bloomberg ETF analyst James Seyffart stated that the first batch of predictive market exchange-traded funds may be launched in the United States as early as next week. New York-based issuer Roundhill has submitted an amended filing under Rule 485(b) with the SEC, setting the effective date for six of its predictive market funds as May 5. These ETFs include a Republican/Democratic presidential ETF targeting the 2028 presidential election, as well as Senate and House ETFs targeting the November 2026 midterm elections.

Seyffart expects that products from GraniteShares and Bitwise, which previously submitted similar applications, will also be launched around the same time. The analyst commented that this move marks the ongoing trend of “financialization and ETF-ization of everything.” In March, the total trading volume on the two major predictive market platforms, Polymarket and Kalshi, reached a record $24.3 billion.

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