The US SEC postponed the review of the first batch of prediction market ETFs, and the listing of more than 24 products was delayed.
CoinFeed reported on May 4th that, according to Reuters, the U.S. Securities and Exchange Commission (SEC) has postponed its review of the first batch of prediction market ETFs, forcing the delay of more than 24 related products originally scheduled to launch this week. It is understood that institutions such as Roundhill Investments and Bitwise had previously submitted applications for several prediction market ETFs. These products are mainly linked to real-world events such as election results and economic data, aiming to provide investors with event-driven investment tools. The SEC's postponement of the review is primarily to further examine core details such as product pricing mechanisms and risk control measures, to avoid market volatility caused by product design flaws.