Traditional finance is finally starting to package market prediction narratives into ETFs, allocating 80% of positions to related listed companies, not touching cryptocurrencies but riding the hype—this is very SEC.

ME News reports that on May 16, SEC documents show that Tema ETF Trust submitted a registration amendment proposing the launch of the Tema Trading & Prediction Markets ETF. This is an actively managed fund planning to invest at least 80% of its net assets in publicly traded companies related to trading and prediction markets, covering financial exchanges, event contracts and prediction markets, cryptocurrency exchanges, and financial data companies. The fund does not directly invest in cryptocurrencies but can gain indirect exposure through related companies. It is still in the preliminary prospectus stage, and the SEC has not yet approved or rejected it.