Tema Files for ETF Tied to Prediction-Market, Trading Infrastructure Stocks

Tema ETF Trust has filed plans for an actively managed exchange-traded fund that would invest in companies tied to trading venues, prediction markets and related market infrastructure, according to a preliminary prospectus filed with the U.S. Securities and Exchange Commission.

The proposed Tema Trading & Prediction Markets ETF was included in a Form 485APOS/N-1A amendment filed May 13, 2026, under accession number 0001999371-26-010649. The filing states that the prospectus is subject to completion, that the SEC has not approved or disapproved the fund, and that the information may change.

Reuters reported May 14 that Tema filed to roll out a new exchange-traded vehicle offering exposure to prediction-market platforms and trading infrastructure. The report said Tema did not identify specific companies and did not immediately respond to a request for comment.

The filing leaves several key commercial details unavailable. The prospectus date, proposed ticker, principal listing exchange, management fee and expense information are blank placeholders. It also does not provide a launch or effective date. Because the fund has not launched, there is no AUM, NAV, trading volume or holdings data to report.

The fund’s investment objective would be long-term growth. Under the proposed strategy, it would normally invest at least 80% of net assets in domestic and foreign common and preferred stocks of publicly listed companies that the adviser determines are “Trading and Prediction Markets Companies.”

The filing defines those companies as businesses deriving at least 50% of annual revenue from infrastructure, software, data and services that enable trading in securities, commodities including event contracts, and other instruments. It also includes special treatment for companies with less than one fiscal year of revenue.

Examples listed in the filing include financial exchanges, electronic trading venues, event-contract platforms and prediction markets, commodity exchanges, trading infrastructure providers, brokerage platforms, trading and market-making firms, crypto trading venues and financial data companies.