Bitwise has filed for prediction market ETFs, joining Roundhill in this innovative financial move. The proposed funds will track contracts related to the 2028 U.S. presidential election and upcoming House and Senate midterms. Bitwise is launching "PredictionShares," a platform aimed at providing exposure to prediction markets. Matt Hougan, Bitwise's Chief Investment Officer, highlighted the growing scale and importance of prediction markets, emphasizing the opportunity for client exposure. This move reflects a strategic expansion into a burgeoning sector of financial markets.