Polymarket and Kalshi Are 'Likely' Underestimating Odds of Crypto Bill Passage Due to Insider Trading Restrictions, Says Fundstrat's Tom Lee

Tom Lee of Fundstrat Global Advisors says Polymarket and Kalshi are likely underestimating the odds of the Clarity Act's passage due to insider trading restrictions. The prediction markets currently price the bill's chances at 47-49%. Lee cites recent comments from Sean Farrell, who notes that Senators are prevented from trading on the outcome.