Bitcoin News
By Jean-Luc Maracon
1 / 15
What happened. The SEC hit pause. Applications from Bitwise, Roundhill Investments, and GraniteShares — all…
2 / 15
The historical context. It's worth remembering how long the Bitcoin ETF saga dragged on.
3 / 15
Why it matters. If the SEC does approve these products, the implications are real.
4 / 15
What to watch. A few things actually matter here in the near term.
5 / 15
The SEC hit pause. Applications from Bitwise, Roundhill Investments, and GraniteShares — all seeking approval for prediction market ETFs — are now on hold while the agency…
6 / 15
The agency wants to hear from the public before it moves forward, which is pretty much the standard playbook when regulators feel out of their depth with a genuinely new product…
7 / 15
It's worth remembering how long the Bitcoin ETF saga dragged on. The early 2020s were basically a graveyard of crypto ETF applications — delayed, denied, delayed again.
8 / 15
The pattern here looks familiar. The SEC's caution on prediction market ETFs echoes its old hesitation around leveraged and inverse ETFs — products that also drew heavy scrutiny…
9 / 15
If the SEC does approve these products, the implications are real. Prediction markets have mostly lived on niche platforms, accessible to a relatively small slice of…
10 / 15
The asset class itself is unusual. Prediction markets thrive on forecasting outcomes — elections, corporate earnings, economic data releases.
11 / 15
More context: Polymarket Launches Parlays as SEC Opens Prediction Market ETF Debate
12 / 15
For Bitwise, Roundhill Investments, and GraniteShares, the pause is a genuine headache. These firms have been working to get into a market segment that doesn't really exist yet…
13 / 15
And it's not just these three firms watching. Asset managers across the industry are tracking this closely.
14 / 15
Public commentary volume and tone will be one signal. If the SEC gets flooded with support — from retail investors, academics, market structure experts — that probably matters.
15 / 15
More context: CME Rolls Out Bitcoin Volatility Futures as Traders Eye a New Way to Play Crypto Swings
The Currency Analytics
Want the full story?