The launch of a predictive market ETF has been postponed once more as the U.S. Securities and Exchange Commission (SEC) seeks additional review of its disclosure documents, according to Eric Balchunas, Senior ETF Analyst at Bloomberg. The ETF was initially set to debut this Monday, but no new launch date has been provided.
This delay is part of a broader trend, with over 20 ETFs linked to political and economic outcomes facing similar postponements due to SEC scrutiny. Issuers such as Bitwise, Roundhill, and GraniteShares have experienced these delays. Roundhill, in particular, has plans to introduce multiple ETFs based on the results of the U.S. presidential election and the control of Congress.
SEC Delays Launch of Predictive Market ETF for Further Review
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