PANews reported on April 29th that Bloomberg ETF analyst James Seyffart stated on the X platform that prediction market ETFs are expected to launch next week. Roundhill's filing indicates an effective date of May 5th. The first prediction market ETFs will bet on whether the Democrats or Republicans win control of the House or Senate. Seyffart anticipates that other issuers such as Bitwise and GraniteShares will also file similar documents in the near future, potentially launching on the same or similar dates.