Polymarket and Kalshi Are 'Likely' Underestimating Odds of Crypto Bill Passage Due to Insider Trading Restrictions, Says Fundstrat's Tom Lee
BitMine Immersion Technologies Inc. Chair Tom Lee said on Tuesday, July 21, that the Clarity Act has stronger passage odds than shown in prediction markets like Polymarket and Kalshi.
An expert thinks prediction markets (websites where people bet on future events) might be underestimating the chances that a new crypto law will pass Congress. This could mean the markets' odds don't fully match what actually might happen, so it's worth thinking about whether popular predictions are always right.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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