Direxion Files for ETF Betting on AI’s Economic Impact via Prediction Markets

Direxion has filed for the actively managed Direxion AI Prosperity Prediction Markets ETF, which would use event contracts to gain exposure to market expectations for AI’s economic impact. At least 80% of assets would provide exposure to contracts tied to themes including AI capabilities and adoption, computing infrastructure, employment, GDP, inflation and market levels. Exposure would primarily come through total return swaps referencing prediction-market contracts, whose values reflect market-implied probabilities of specific outcomes. The fund may continually roll positions as events approach settlement and use a Cayman subsidiary, capped at 25% of assets, for certain exposures.