Shares tied to individual sports franchises could soon be available through regular brokerage accounts, potentially as a “Maple Leafs ETF” or “Bruins ETF.”
But owning those shares would not mean owning part of the team or receiving a share of ticket sales, media rights or other franchise revenue.
Volatility Shares Trust filed a prospectus with the Securities and Exchange Commission on August 14, 2026, proposing 32 separate exchange-traded funds tied to every team in the National Hockey League.
The filing does not yet list ticker symbols or expense ratios, and the funds cannot launch until both the SEC clears the ETFs and the CME’s underlying futures contracts pass regulatory review.
What Volatility Shares has put on the table is a proposal, closer to a season-long wager dressed in ETF packaging than to any traditional investment vehicle.
How Volatility Shares’ proposed NHL funds are structured
Every proposed fund would hold futures contracts tied to a CME FutureSports Performance Index for one specific NHL franchise.