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🐋 WHALE WATCH: SEC Chair Paul Atkins is pausing the clock on new novel ETF applications to gather public feedback.
This directly delays nearly 24 filings tied to the booming prediction and event contracts market from major issuers like Bitwise and Roundhill.
While Atkins has been highly pro innovation this pause shows the agency is figuring out exactly where to draw the line on political and macro betting funds.
Opening up standard brokerage accounts to binary event contracts is a massive shift for retail capital.
Do you think prediction market ETFs ultimately get approved this year ?