Prediction Market ETFs Delayed Again as SEC Requires More Review Time

According to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, the U.S. Securities and Exchange Commission delayed the launch of prediction market ETFs that were originally scheduled for Monday (May 12). "SEC wants to look at them a bit more. Doesn't sound lethal, just more double checking disclosures," Balchunas said on X. This marks the second delay for more than 20 ETFs tied to political and economic outcomes; the SEC also postponed the launch a week prior to conduct further analysis on how the products function and associated investor risks. Affected issuers include Bitwise, Roundhill, and GraniteShares.
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