On the 11th (local time), the launch of a prediction market-based ETF, which was scheduled, has reportedly been postponed. Bloomberg ETF expert analyst Eric Balchunas explained, "The U.S. Securities and Exchange Commission (SEC) is conducting an additional review of the product's structure and disclosure details. This is more about reconfirming details rather than a fatal issue." He added, "Since this product is a new type of ETF with very few precedents, it could set a regulatory precedent after its launch, so authorities appear to be approaching it more cautiously."
