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

Asset managers have begun filing for exchange-traded funds tied to political prediction markets, signaling institutional interest in the space ^[1][2]. According to filings and reporting, Bitwise Asset Management submitted a post-effective amendment on Feb. 17, 2026 to register six ETFs linked to prediction-market-style election contracts, and additional issuers have filed prospectuses for US election prediction market ETFs that would allow investors to gain exposure to election outcomes ^[1][2].

Bitwise’s filing was disclosed under a new line reportedly branded “PredictionShares,” according to reporting that cited company filings and commentary from industry analysts ^[3]. The disclosures were publicized by ETF observers and followed similar prospectus filings from other issuers, indicating a nascent ETF race around election-linked prediction products ^[2][3][4].

Observers characterize the filings as institutional capital moving into prediction markets, a development that mirrors earlier activity in the crypto sector and begins a broader contest among ETF issuers to package election-contract exposure for investors ^[1][2].

The mid-February 2026 filings by Bitwise and other issuers mark the start of an ETF-focused effort to bring prediction-market-style election contracts to institutional and retail investors, with multiple issuers now racing to register such products ^[1][2][3].