DERA’s chief economist Joshua White said active ETFs now “rival passive funds in number” and represent a “shift toward more actively managed strategies.”
New customers can no longer open accounts on the firm’s website, but existing ones still risk losing money as there are no protective measures in place.
Recent lawsuits and regulatory announcements come as prediction markets have exploded into a multi-billion-dollar industry, with users betting on how much snow will fall.
Rather than following traditional PPP models designed at the outset, these partnerships are often assembled incrementally, as public support and commercial execution are shaped in response to supply chain and permitting constraints.
