SEC delays prediction market ETF launch to May 18 after second postponement
Crypto Briefing
The SEC has postponed the launch of over 24 prediction market ETFs to May 18, citing the need for additional information and regulatory review.Summary
The SEC has issued a second delay for more than 24 prediction market ETFs, pushing the anticipated launch date to May 18. This procedural move follows an earlier postponement on May 4, during which regulators requested further clarification on product mechanics and investor risk disclosures from issuers like Roundhill Investments, GraniteShares, and Bitwise. Experts view the delay as a standard regulatory step rather than a rejection, noting that the SEC is actively engaging with the substance of these products, which offer investors access to binary event contracts. Market participants remain optimistic that approval will follow once the necessary regulatory requirements are met.
(Source：Crypto Briefing)