Wall Street Moves Into Prediction Markets With Election-Contract ETF Filings

Institutional investors are moving into prediction markets as asset managers file exchange-traded funds tied to election outcomes. On February 17, 2026, Bitwise Asset Management submitted a post-effective amendment to register six ETFs under a new brand called "PredictionShares," to be listed and primarily traded on NYSE Arca.

Bitwise’s CIO Matt Hougan says prediction markets are accelerating in both scale and importance, making client exposure an opportunity the firm couldn’t pass up. The six proposed funds are PredictionShares Democratic President Wins 2028 Election, PredictionShares Republican President Wins 2028 Election, PredictionShares Democrats Win Senate 2026 Election, PredictionShares Republicans Win Senate 2026 Election, PredictionShares Democrats Win House 2026 Election and PredictionShares Republicans Win House 2026 Election.

Each ETF seeks capital appreciation tied to a specific US election outcome.

United States

prediction markets, etfs, bitwise, predictionshares, nyse arca, matt hougan, 2028 election, 2026 election, democratic president, republican president