Tema launches prediction markets ETF with 15% in private companies Kalshi and Polymarket

Tema has launched an exchange-traded fund focused on prediction markets, allocating 15% of the fund's holdings to private firms Kalshi and Polymarket. The move represents an effort to bring prediction market exposure to retail investors through a traditional investment vehicle, potentially widening access to a market segment previously dominated by direct platform participation.

The ETF structure allows retail investors to gain exposure to prediction markets without requiring direct accounts on individual platforms. By including substantial allocations to two prominent private prediction market operators, the fund ties investor returns to the growth and performance of these firms alongside their underlying market operations.

• Tema's ETF dedicates 15% to private prediction market firms, betting on sector consolidation and growth.
• The fund structure removes friction for retail entry into prediction markets, historically accessible mainly to direct users.
• The launch pairs traditional fund mechanics with emerging prediction market infrastructure, creating a new investor pathway.