Two ETF issuers are joining the trend of bringing politics to the trading floor.
Bitwise and GraniteShares are seeking regulatory approval to launch ETFs linked directly to the outcomes of upcoming U.S. elections, marking another step in the expansion of prediction market-style investing.
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Bitwise, through its PredictionShares lineup, has filed for six ETFs proposed for listing on NYSE Arca.
According to its prospectus, the funds aim to provide capital appreciation if a specified political outcome occurs. Two would be tied to the 2028 U.S. presidential election with one aligned with a Democratic victory and another with a Republican win. Meanwhile, the remaining four would track party control …Full story available on Benzinga.com
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