The public consultation period is often a precursor to policy shifts and is worth paying attention to.

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BlockBeatNews
The Chairman of the U.S. SEC is seeking public comments on the "Prediction Market ETF"
BlockBeats news: On May 21, Bloomberg senior ETF analyst Eric Balchunas said that the Chair of the U.S. Securities and Exchange Commission (SEC) is soliciting public input on “prediction market ETFs.” Regulators are clearly still weighing this new type of product and want more time and feedback.




These kinds of products are essentially brand new (to some extent similar to crypto assets). Before “opening the floodgates,” regulators need to ensure they fully understand the risks and mechanisms, in order to build enough confidence.
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