ERShares' Private-Public Crossover ETF (NASDAQ: XOVR) has invested $30 million in prediction market operator Kalshi, adding the privately held company to its portfolio as part of the fund's latest rebalance.
The investment of $30 million by ERShares' XOVR ETF in Kalshi has made the prediction market operator one of the largest private-company holdings within the ETF. This move provides investors in the exchange-traded fund with exposure to Kalshi, a federally regulated prediction market operator.
