Bitwise Files for Election-Linked ETFs Under PredictionShares Brand
Asset manager Bitwise has entered the prediction market ETF arena with a filing for event-linked funds tied to U.S. election outcomes. The proposed PredictionShares products WOULD offer regulated exposure to 2028 presidential and 2026 midterm results through binary contracts—a first for traditional brokerage accounts.
The MOVE reflects institutional recognition of prediction markets' growing influence. Bitwise joins Roundhill in seeking to democratize access to political event derivatives, though regulatory approval remains pending. Market observers note this development could further bridge crypto-native concepts with mainstream finance.