This market will exactly mirror the resolution of this polymarket, either YES, NO, or 50-50.

The Polymarket rules are:

This market will resolve to "Yes" if any spot Ethereum ETF receives approval from the SEC by May 31, 2024, 11:59:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution source for this market will be information from the SEC, however a consensus of credible reporting may also be used.

There is disagreement about what counts as approval. You can read about the controversy here and bet on whether the market will resolve based on the controversial interpretation here.

This market just resolves the exact same way as the final Polymarket resolution. This market will remain open until the resolution is final.