According to Odaily, the SEC delayed approval of over 20 prediction market ETFs originally scheduled to launch this week, requesting issuers to provide additional product details and disclosures. The applications, submitted in February by Roundhill Investments, GraniteShares, and Bitwise Asset Management, cover event-driven products tied to elections, economic recessions, tech layoffs, and commodity prices. Under SEC rules, ETFs typically take effect automatically within 75 days of submission unless regulators request further review.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ZachXBT Flags Polyarb as Fake Prediction Market With an Active Wallet Drainer
Onchain investigator ZachXBT has warned that Polyarb, a site presenting itself as a prediction market platform, is running an active wallet drainer and is gaining reach through prominent crypto accounts replying to its posts.
Key Takeaways:
ZachXBT warned on May 4, 2026, that Polyarb hosts an act
Coinpedia2h ago
Bitcoin Reclaims $80,000 Amid ETF Inflows, Traders Doubt Breakout
Bitcoin has reclaimed the $80,000 price level as strong exchange-traded fund (ETF) inflows and rising leverage support prices, yet market data suggests underlying weakness and skepticism about further gains. According to CryptoQuant, spot demand remains weak despite the price recovery, and Polymarke
CryptoFrontier7h ago
Bitcoin Reclaims $80,000 as ETF Inflows Rise, But Polymarket Odds Put Just 23% Chance on $90K This Month
Recently, Bitcoin reclaimed $80,000 as strong ETF inflows and rising leverage lifted prices. However, CryptoQuant data shows weak spot demand underlying the move, while Polymarket odds assign just a 23% probability to Bitcoin reaching $90,000 before the end of May.
GateNews8h ago
A16z Backs CFTC With 18-Page Comment Letter Against State-Level Prediction Market Crackdowns on Friday
According to The Block, Andreessen Horowitz filed an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting the federal regulator's push against state-level prediction market restrictions. The VC firm argued that cease-and-desist letters and proposed bans by state r
GateNews8h ago
Bitcoin Reclaims $80,000 Amid ETF Inflows, but Polymarket Odds Put $90K Probability at Just 23%
According to CryptoQuant and Polymarket data, Bitcoin reclaimed the $80,000 level on May 4 as strong spot ETF inflows and rising leverage lifted prices. However, weak on-chain spot demand signals caution among traders; Polymarket odds assign just a 23% probability to Bitcoin reaching $90,000 by mont
GateNews9h ago
Polymarket WTI Crude Oil May Contract Rises to 81%, Up 8% in 24 Hours
According to Odaily Seer, Polymarket's prediction contract for WTI crude oil reaching $95 in May 2026 rose to 81% today, having peaked at 88% earlier. The contract gained 8% over the past 24 hours.
GateNews9h ago
