Money Stuff: The Podcast · Thursday, July 2, 2026
The launch of sports gambling Exchange Traded Funds (ETFs) in the US, a prediction made by Matt Levine, continues to be hampered by regulatory hurdles, primarily the SEC's cautious approach to novel investment products. While some believe sports gambling ETFs could offer bond-like returns, the SEC's recent pause on prediction market applications and its request for comments on ETF processes suggest a prolonged wait.
“Sports gambling ETFs are my white whale. I've been writing since March twenty twenty five. I think it's March eighteenth. Maybe that within two years there will be sports gambling ETFs in the US.”
“Yeah, the SEC did say, whoa, they're slow down. We have like, however many I say sports. They have applications for prediction marketing.”
“I mean, the fact that they did pause the prediction mar thank you, there's some chance that they, in their secret sec heart of hearts, are like, actually, this sports gambling stuff has gone too far, But like, I don't know, man, there's no other indication of that. Like everything else is like full speed out on sports gambling.”