SEC seeks public comment as it weighs prediction market ETFs

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The decision to delay the applications also comes as prediction market platforms like Kalshi continue to face court challenges in several US state courts. Atkins said ETFs have been a “major driver” of innovation in the securities markets, boosting capital and broadening investor choice while noting that ETF assets have tripled since 2019. Related: Trump-backed Truth Social pulls bids for crypto ETFs The SEC has shown more flexibility in approving innovative products in recent years, particularly after introducing the generic listing standard model in September and replacing the process of reviewing applications on a case-by-case basis. Meanwhile, the SEC is reportedly considering creating an “innovation exemption” to allow tokenized stock trading, which would put versions of Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) and other stocks on crypto rails. Magazine: 5 tech predictions the mainstream media got horribly wrong More on the subject

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