Will the Supreme Court rule that the Clean Water Act's 'waters of the United States' definition does not include wetlands adjacent to non-navigable waters in Sackett v. EPA before July 23, 2026?

Resolves Yes if The Supreme Court issues a decision in Sackett v. EPA (No. 23-123) rejecting the Ninth Circuit's test and adopting a narrower interpretation limited to wetlands with a continuous surface connection to navigable waters.

Outcome verified from supremecourt.gov.

1. Market open

   Jul 8, 2026, 10:03 PM UTC
2. Market closes

   Jul 23, 2026, 11:59 PM UTC
3. Projected payout

   Shortly after the market closes

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