Bitwise plans to launch six ETFs on NYSE Arca using a predictive market model.

Techub News reports, according to Cointelegraph, ETF issuers Bitwise and GraniteShares have filed applications with the U.S. Securities and Exchange Commission, planning to launch event contract exchange-traded funds linked to U.S. election outcomes. They plan to introduce six ETFs on NYSE Arca that adopt a prediction market model. These funds will respectively track the party affiliation outcomes of the 2028 presidential election and the 2026 Senate and House of Representatives elections. If the Democratic or Republican party wins, the corresponding fund will achieve capital appreciation; if they do not win, the fund will "essentially lose all its value."