The post Bitwise And GraniteShares File Election Prediction ETFs appeared on BitcoinEthereumNews.com. Exchange-traded fund issuers Bitwise and GraniteShares haveThe post Bitwise And GraniteShares File Election Prediction ETFs appeared on BitcoinEthereumNews.com. Exchange-traded fund issuers Bitwise and GraniteShares have

Bitwise And GraniteShares File Election Prediction ETFs

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

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 US presidential election in November 2028. The next two will pay out if either Democrats or Republicans win the Senate in November 2026, and the final two if either party wins the House.

“The fund’s investment objective is to provide capital appreciation to investors in the event that a member of the Democratic Party is the winner of the US Presidential election taking place on November 7, 2028,” read the prospectus.

Each fund invests at least 80% of its net assets in binary event contracts, or political prediction market derivatives traded on CFTC-regulated exchanges. These contracts settle at $1 if the referenced outcome occurs and $0 if it doesn’t. 

“In the event that a member of the Democratic Party is not the winner of the 2028 Presidential election, the fund will lose substantially all of its value,” it explained. 

Source: James Seyffart

Betting on a prediction market wrapped in an ETF 

In essence, Bitwise is offering separate ETFs for each race — one for each party — and investors can choose which one to invest in. 

The price of each fund’s shares on any given day reflects the market’s implied probability of that outcome, fluctuating between $0 and $1 based on polling, news, and sentiment.

Related: Prediction markets are the new open-source spycraft

ETF issuer GraniteShares also filed a prospectus on Tuesday offering six similar funds with the same structures based on US election outcomes. 

“The financialization and ETF-ization of everything continues,” commented Bloomberg ETF analyst James Seyffart.

Not the first prediction market-style ETF filings

“This is not the first filing of this kind, and I think it’s extremely unlikely that these will be the last,” added Seyffart, in reference to the Roundhill filing for similar funds on Feb. 14.

The Roundhill prospectus also offers six prediction market-style ETFs based on the outcomes of the presidential, Senate, and House elections. 

Magazine: Chinese New Year boosts interest, TradFi buying crypto exchanges: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

Source: https://cointelegraph.com/news/bitwise-graniteshares-join-roundhill-filing-prediction-market-style-etfs?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0004617
$0.0004617$0.0004617
+2.39%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why AVAX Traders Are Watching $11.50 and $8.00 Right Now

Why AVAX Traders Are Watching $11.50 and $8.00 Right Now

Avalanche gained 2.77% on March 4, reaching $9.64 by 15:50 UTC on volume of 327,810 AVAX, the highest single-hour reading on the chart. The move came after six
Share
Ethnews2026/03/05 00:16
Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 04:36
Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy

Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy

The Central Bank of Russia’s long-term strategy for 2026 to 2028 paints a picture of growing concern. The document, prepared […] The post Russia’s Central Bank Prepares Crackdown on Crypto in New 2026–2028 Strategy appeared first on Coindoo.
Share
Coindoo2025/09/18 02:30