Recent diplomatic developments have solidified trader expectations that no transfer of Greenland's sovereignty to the United States will occur before 2027. A September 2026 trilateral security agreement, ratified by Greenland's parliament in early November, expands U.S. military access, permits new defense areas and facilities such as elements of the Golden Dome system, and excludes adversaries from sensitive investments while explicitly reaffirming Danish sovereignty and Greenland's right to self-determination. Denmark's parliament is scheduled to complete its review later in November. Consistent public statements from Danish and Greenlandic leaders rejecting any sale or annexation, combined with the limited time remaining before the market's December 31, 2026 resolution window, underpin the 98.8% implied probability on No. A sudden reversal in Copenhagen or Nuuk positions remains the primary low-probability pathway that could still shift the outcome.