The SEC is seeking public opinion on the predicted market ETF, and the launch of related products may be delayed

The U.S. SEC is seeking public opinion on prediction market ETFs and has postponed the approval process for related "new ETFs." SEC Chairman Paul Atkins stated, "New products will bring new issues," and the regulatory agency needs to further assess the impact of such products. Previously, Bitwise, Roundhill, and GraniteShares submitted applications for prediction market ETFs, which will track the outcomes of events such as U.S. elections. Bloomberg ETF analyst Eric Balchunas stated that the SEC is currently cautiously evaluating prediction market ETFs, similar to how it handled spot crypto ETFs previously.