PANews reported on May 5 that Bloomberg ETF analyst Eric Balchunas wrote on the X platform that Roundhill has just submitted a new effective date for the world's first prediction market ETF, scheduled for May 11 (Monday), a few days later than previously planned.

Eric Balchunas speculated that Roundhill may have communicated with regulators today, but this is not yet confirmed. Documents indicate that the application is intended to become effective on May 11, 2026, under Rule 485. The ETF involves $REDP and $BLUP.