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Deep Tide TechFlow News, May 4th, according to Reuters, the U.S. Securities and Exchange Commission has delayed its review of the first batch of prediction market ETFs, with several institutions postponing products originally scheduled for launch last week. Previously, Roundhill Investments, Bitwise Asset Management, and GraniteShares had submitted applications to launch ETF products linked to real-world events such as elections, economic recessions, and tech layoffs.
Sources familiar with the matter say that the SEC is requesting issuers to further clarify the product mechanisms and information disclosures, and the delay is expected to be temporary. According to regulations, ETF filings typically become effective automatically after 75 days unless regulatory intervention occurs.