If Arco has won Best Animated Feature at the 98th Academy Awards, then the market resolves to Yes. **This market and these products have not been endorsed by the Academy of Motion Picture Arts and Sciences. Any references to the Academy Awards, the Oscars®, or any associated marks are descriptive only and do not indicate an endorsement of this product or any affiliation between the Academy of Motion Picture Arts and Sciences and Kalshi.** The 98th Academy Awards are expected to be held on March 15, 2026.