At least ignoring legislation, an exchange could offer a contract with the same return as S&P 500 (for the aggregate of a pair of traders entering a Kalshi-style event contract); mechanistically, this index-tracking could be supported by just using the money put into a prediction market to buy VOO and selling when the market settles. (I think.)
At least ignoring legislation, an exchange could offer a contract with the same return as S&P 500 (for the aggregate of a pair of traders entering a Kalshi-style event contract); mechanistically, this index-tracking could be supported by just using the money put into a prediction market to buy VOO and selling when the market settles. (I think.)