Investors could soon make bets on 2028 races with ETFs
The post Investors could soon make bets on 2028 races with ETFs appeared on BitcoinEthereumNews.com.
A financial company wants to create six new funds that would allow everyday investors to put money on who wins the 2028 elections, through the same brokerage accounts they already use to buy stocks. Roundhill Investments, a company known for building investment products, has filed paperwork with the Securities and Exchange Commission to launch the funds. If approved, the products would be a first of their kind, turning election predictions into tradable assets. New ground for ETFs The six funds are not like standard funds that own bonds or equities. Three would pay out if Democrats win, and three would pay out if Republicans win. Each pair covers a different race including the presidency, the Senate, and the House of Representatives. These funds would primarily invest in event contracts whose payouts depend directly on which party wins the specified election. Shares in the winning fund would converge toward $1 per share if the correct party wins, while shares in the losing fund could drop to near zero once results are certified. Typical investment funds don’t deliver binary, all-or-nothing outcomes like this. Each fund’s party alignment and specific race are clearly indicated in its name and proposed ticker symbol, following a consistent pattern: “RED” for Republican and “BLU” for Democratic, paired with “P” for President, “S” for Senate, and “H” for House. The program builds on recent advancements in political wagering. The CFTC dropped its plan to ban political betting exchanges in February 2026. Authorities halted attempts to outlaw websites that previously placed wagers on election outcomes. Michael Selig, the CFTC chairman, stated that the previous approach had gone too far in blocking customers’ ability to do what they wish. He told his staff to create more detailed rules that would allow new goods while preserving the required protections. Financial firms…
Filed under: News - @ February 15, 2026 2:28 pm