Data as of Sep 25, 2026.

Prediction market ETFs: every fund filed so far

28 funds have been registered by 4 issuers to hold event contracts, and not one of them trades. An event contract pays $1.00 if a stated thing happens and $0.00 if it does not, so one side of every pair is close to a total loss: the filings say so in those words. They are listed on a CFTC-regulated designated contract market, and each fund holds them through a wholly-owned Cayman Islands subsidiary rather than directly. 12 outcomes have a fund on each side of them.

Filings read to Sep 25, 2026. No fund in this desk trades, so there are no prices, no fees and no returns anywhere on these pages.

Questions people ask

Is there a prediction market ETF?

Not yet. 28 funds have been registered by 4 issuers and none of them trades. The most recent filing is dated Sep 25, 2026. Each would hold event contracts, which settle at $1.00 if a stated thing happens and $0.00 if it does not.

What is a prediction market ETF?

A fund that holds event contracts rather than shares or bonds. An event contract is a derivative settling at exactly $1.00 or $0.00 on whether a stated thing happens, so its price in between reads as the market's estimate of the chance of it.

Has the SEC approved prediction market ETFs?

None of these registrations is effective. Each is filed as a post-effective amendment marked Subject to Completion, which is the stage before a fund may be sold, and none states an effective date or a fee.

Is there a Kalshi ETF?

No fund has been filed that holds Kalshi itself. The funds here hold event contracts listed on a CFTC-regulated designated contract market, which is the kind of venue Kalshi operates, but none of them holds shares in the exchange.

Can you buy a prediction market ETF yet?

No. 28 funds have been registered by 4 issuers and none of them trades. The most recent filing is dated Sep 25, 2026 and every one is marked Subject to Completion, so none has a ticker or a fee yet.

What is an event contract?

A derivative that settles at exactly $1.00 if a stated thing happens and $0.00 if it does not. Its price in between is where the market puts the chance of the event, so it reads like a probability. They trade on a CFTC-regulated designated contract market.

What happens if the fund is on the losing side?

The contracts settle at $0.00. The filings say the fund may lose substantially all of its value, which is why these are filed in pairs: one fund for each side of the same question.

Why does the fund use an offshore subsidiary?

Each of these funds holds its contracts through a wholly-owned Cayman Islands subsidiary rather than directly, which is the structure the filings describe.

Which issuers have filed prediction market ETFs?

Bitwise, Direxion, GraniteShares, Roundhill.

What outcomes have been filed on?

12 distinct outcomes with a fund on each side: elections for the presidency, the Senate and the House, and thresholds on Bitcoin, Ethereum and oil. 4 further funds hold a portfolio of contracts on economic outcomes rather than one event.

Read from these filings

• Bitwise Funds Trust, form 485APOS, filed Feb 17, 2026 accession 0001213900-26-017412
• Bitwise Funds Trust, form 485APOS, filed May 1, 2026 accession 0001213900-26-051014
• Direxion Shares ETF Trust, form 485APOS, filed Sep 21, 2026 accession 0001193125-26-396805
• GraniteShares ETF Trust, form 485APOS, filed Feb 17, 2026 accession 0001493152-26-007125
• Roundhill ETF Trust, form 485APOS, filed Feb 13, 2026 accession 0001398344-26-003166

Every name, date and figure on this page is read from the registration statements above. Where a filing leaves a value blank, this page says so rather than showing a placeholder. None of these funds trades, so there are no prices, fees or returns here.

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ is an independent publisher and makes no recommendations; every figure is calculated from published data. Standards and sources