NEW: @BitwiseInvest filing for prediction market backed ETFs under brand name PredictionShares.
The financialization and ETF-ization of everything continues
This is not the first filing of this kind and i think its extremely unlikely that these will be the last:
Eric Balchunas
Eric BalchunasFeb 14, 06:48
Roundhill just filed for a bunch of ETFs that track prediction markets for political elections. Using event contracts. Potentially groundbreaking. If this goes through wow opens up huge door to all kinds of stuff. Ht ⁦@Todd_Sohn⁩
And @graniteshares filed earlier today too:
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