Eric Balchunas(@EricBalchunas):Tema launching a prediction markets ETF (theme ETF not actual event contracts, SEC still pondering those) but it has 15% in privates Kalshi and Polymarket. This makes sense to me re using the 15% illiquidity bucket- theme ETFs or sectors might as well get dose of private co part of that theme. Anyway, fyi fee 75bps.

Eric Balchunas

@EricBalchunas

Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.

Joined May 2010

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Eric Balchunas@EricBalchunas

2026.09.09 16:46

Tema launching a prediction markets ETF (theme ETF not actual event contracts, SEC still pondering those) but it has 15% in privates Kalshi and Polymarket. This makes sense to me re using the 15% illiquidity bucket- theme ETFs or sectors might as well get dose of private co part of that theme. Anyway, fyi fee 75bps.