New York-based company Roundhill has filed applications with the SEC for six ETFs. These are focused on the 2028 presidential elections and the midterm elections for the Senate and House of Representatives in November 2026. Starting May 5, these funds will allow bets on Democrats and Republicans. Holders have the potential for significant profits, but in the event of a loss, they lose all their money. Bloomberg ETF analyst James Seyffart expects the regulator will soon approve the applications from Bitwise and GraniteShares for similar products. In March, the trading volume on prediction markets reached $25.7 billion. Of this, 80% of participants are retail investors making trades of less than $10,000. The leading segment remains sports, with $10.1 billion (39.3%) of the trading volume.