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Polymarket authorized U.S. return after Donald Trump Jr. joins as adviser

1. Donald Trump Jr. invests in Polymarket, the leading prediction market. 2. CFTC allows Polymarket to resume operations, signaling shifted regulatory attitude. 3. Prediction markets could rival the stock market, attracting significant interest. 4. Regulatory dynamics may favor Trump-affiliated platforms, benefiting market positions. 5. Trump Jr.'s involvement could influence policies affecting prediction markets.

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FAQ

Why Bullish?

The revival of Polymarket under favorable regulatory conditions could enhance market activity and speculative investment in prediction markets, potentially lifting SPY, as these developments signify broader economic sentiment and policy alignment that may favor growth sectors.

How important is it?

The article touches upon regulatory changes and high-profile endorsements that could impact market perceptions and investment flows in SPY, making it relevant now.

Why Short Term?

Immediate market response is expected as Polymarket resumes operations; however, long-term effects will depend on the stability of regulatory support and market adoption.

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