Roundhill’s election event contract ETFs ‘potentially groundbreaking'
The ETF issuer warned that investors who pick the fund tied to the losing US presidential outcome could lose nearly all invested capital.
US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election.
ETF analyst Eric Balchunas said in an X post on Saturday that, if approved, the ETF products would be “potentially groundbreaking.”
“Opens up huge door to all kinds of stuff,” Balchunas said, adding that prediction market applications are easy to sign up to, but ETFs are “just that much easier.”
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