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Analyst James Seyffart Expects SEC Approval for Prediction Market ETFs

Analyst James Seyffart Expects SEC Approval for Prediction Market ETFs

Photo: TokenPost

Analyst James Seyffart anticipates near-term SEC approval for prediction-market ETFs, which would give U.S. investors another way to access a market built around event contracts. Filings exist for funds that would hold prediction-market contracts. Separately, the SEC is assessing product parameters and what may be allowed in the prediction-market space. Prediction markets let traders wager on the outcomes of future events. If approved, ETFs holding those contracts would offer another way to access the market. Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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