How a prediction market ETF pays
An event contract pays $1.00 if a stated event happens and $0.00 if it does not. Its price in between is the market's chance of the event. A fund holding one side ends at one of two prices, and filings warn it may lose substantially all its value. Issuers differ on whether a fund tracks one event or many, and on how much each says about how it holds them.
How a binary fund pays
What each side is worth at settlement, a contract.
How a prediction market ETF pays, as of Nov 4, 2026
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| Bitwise | one event per fund | 16 | CFTC-regulated designated contract market | Cayman Islands | yes |
| Direxion | a portfolio of contracts | 4 | designated contract market | Cayman Islands | not stated |
| GraniteShares | one event per fund | 7 | CFTC-regulated designated contract market | Cayman Islands | yes |
| Hedgeye | a portfolio of contracts | 2 | not stated | not stated | yes |
| Roundhill | one event per fund | 10 | CFTC-regulated designated contract market | Cayman Islands | yes |
How a prediction market ETF pays, as of Nov 4, 2026. Source: ETFIQ.
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None of these funds trades, so there are no prices, fees or returns.
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Counts on this page
39 funds filed
5 issuers
Prediction market ETFs · 39 filed · 0 trading
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ETFIQ, How a prediction market ETF pays, data as of Nov 4, 2026. https://etfiq.com/prediction-markets/how-a-binary-fund-pays/
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