HedgeEye joins prediction-market ETF race with Democratic and Republican funds

HedgeEye has entered the prediction-market ETF race with two new funds tied to U.S. federal election outcomes, according to Bloomberg ETF analyst Eric Balchunas. In a post on X, Balchunas said the firm launched separate prediction ETFs for the Democratic Party and the Republican Party. Each ETF is designed to continuously track how its respective party performs in U.S. federal elections. The update adds HedgeEye to a growing field of issuers exploring exchange-traded products linked to election-based prediction themes. The source material did not disclose additional details about the ETFs, including listings, tickers, assets, structure, or launch timing beyond Balchunas’ post.