SEC hint sparks prediction market ETF debate
The post SEC hint sparks prediction market ETF debate appeared on BitcoinEthereumNews.com. SEC Commissioner Hester Peirce has drawn attention to prediction markets after discussing their growth during a May 8 speech. Summary Peirce said commercial prediction markets have grown and show no sign of slowing. Crypto.news reported a softer SEC crypto tone under Atkins, Peirce, and Uyeda. Bitwise has filed for ETFs tied to political prediction markets under PredictionShares. She said commercial prediction markets have “taken off” and show “no sign of slowing down.” Her remarks did not announce a final SEC rule for prediction markets. Still, they added to debate over how event-based products, tokenized markets, and possible prediction market ETFs may fit within U.S. securities rules. SEC signals softer crypto approach Crypto.news recently reported that the SEC’s messaging has shifted under Chair Paul Atkins, with Peirce and Mark Uyeda calling for clearer rules and a more open stance toward i