{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-JQRXSG4ZX9",
  "slug": "kxbtcreserve-27",
  "question": "Will Trump create a National Bitcoin Reserve before 2027?",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "trump-bitcoin-policy",
    "cryptocurrency-regulation",
    "us-treasury-reserves",
    "2027-resolution",
    "political-commitment"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This event tracks whether the United States officially establishes a National Bitcoin Reserve before January 1, 2027. Resolution depends on Kalshi staff determination of whether such a reserve has been formally created. The authoritative source is Kalshi's own staff review of official U.S. government action. No external index or data publisher governs resolution here.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-P2JZFY6DK6",
  "current_primary_mark": {
    "last_price": 0.21,
    "implied_probability": 0.21
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-P2JZFY6DK6",
      "event_id": "CM-EVT-JQRXSG4ZX9",
      "platform": "kalshi",
      "platform_market_id": "KXBTCRESERVE-27-JAN01",
      "question": "Will Trump create a National Bitcoin Reserve before Jan 1, 2027?",
      "description": "Before Jan 1, 2027",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Kalshi staff determination of whether the United States has officially established a National Bitcoin Reserve by January 1, 2027.",
      "close_at": "2027-01-01T15:00:00Z",
      "resolve_at": "2027-01-01T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Donald Trump has issued an executive order or his Administration takes an executive action (including signing a bill into law) creating a “Strategic Bitcoin Reserve,” “National Bitcoin Reserve,” or any other formal government-held stockpile of Bitcoin after Issuance and before Jan 1, 2027,  then the market resolves to Yes.\n\nFor example, if the U.S. government established a program or body that is equivalent to the Strategic Petroleum Reserve for Bitcoin, or the United States Bullion Depository for Bitcoin, or if Bitcoin was held in the reserves of the U.S. Department of the Treasury like its foreign exchange and SDR holdings, then the Payout Criterion would be fulfilled. This would not include merely Bitcoin confiscated pursuant to criminal or civil enforcement proceedings.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "The New York Times",
        "source_status": "platform_named",
        "source_citation": "https://www.nytimes.com/",
        "sources": [
          {
            "name": "The New York Times",
            "url": "https://www.nytimes.com/",
            "provenance": "platform_api"
          },
          {
            "name": "White House",
            "url": "https://whitehouse.gov/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "White House",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "B",
        "score": 77,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.21,
      "implied_probability": 0.21,
      "volume_24h_usd": 7.1379,
      "volume_total_usd": 34862.3163,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "bitcoin",
        "policy",
        "reserve",
        "trump",
        "trump national bitcoin"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-JQRXSG4ZX9",
    "terms": "Attribution required. clearmarket.fyi"
  }
}