Bitwise & GraniteShares File For Prediction-style Election ETFs

The line between finance and prediction markets is getting thinner. Bitwise Asset Management and GraniteShares have filed with the U.S. SEC to launch ETFs tied to the outcomes of U.S. elections.

Bitwise’s “PredictionShares” would offer six ETFs linked to presidential, Senate, and House races. These funds would invest primarily in binary event contracts that settle at $1 if a specific outcome occurs and $0 if it does not.

Investors could essentially choose which political outcome they believe will happen, with ETF prices reflecting real-time probability estimates.

Bloomberg ETF analyst James Seyffart described the move as another example of the “financialization of everything.”

If approved, these funds would bring prediction-style investing further into mainstream markets.

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