These ETFs Would Bet on 2028 Presidential, Congressional Races

Would gambling by any other name be as risky? At least three companies have their fingers crossed that the Securities and Exchange Commission won’t halt their plans for ETFs making all-or-nothing bets on federal election results. Over the past week, Roundhill Investments, GraniteShares and Bitwise have each filed nearly identical prospectuses for sets of six exchange-traded funds that would use event contracts to make wagers on the outcome of the 2028 US presidential election and majorities in the House a ...