Bitwise wants to list prediction markets ETFs for U.S. elections in 2026 and 2028
Bitwise filed to list ETFs under "Prediction Shares" tracking U.S. election prediction markets for 2026 midterms and the 2028 presidential election.Summary
Bitwise Asset Management has filed with the SEC to launch two ETFs, branded as "Prediction Shares," that track prediction markets betting on the outcome of the 2028 U.S. presidential election—one for a Democratic winner and one for a Republican winner. Additionally, Bitwise listed four equivalent products for the 2026 mid-term elections, predicting wins for both parties in the House of Representatives and the Senate. Each ETF will invest its assets in prediction market bets supporting the outcome denoted by the fund. This structure aims to allow investors to gain exposure to election outcomes without directly using prediction platforms like Polymarket, mirroring how Bitcoin ETFs allow investment without holding the underlying cryptocurrency. Bitwise appears to be leveraging the success of crypto ETFs to introduce a similar investment vehicle for the growing prediction markets sector, using the 2026 mid-terms as an initial test.
(Source：CoinDesk)