$ADA

Market sentiment turns bullish for Cardano investors.

Grayscale, one of the world’s largest crypto asset managers, has been quietly but steadily increasing its Cardano ($ADA) holdings. This move has caught the attention of the crypto community, fueling speculation that a potential ADA ETF could be on the horizon. With Grayscale backing Cardano more heavily, confidence in the asset’s institutional appeal is clearly growing.

ADA ETF Approval Odds Surge from 20% to 70%

Until recently, the chances of an ADA ETF approval seemed distant, with experts estimating only a 20% likelihood. However, with Grayscale’s increased investment and growing regulatory clarity in the crypto market, these odds have now surged to an impressive 70%. This dramatic shift signals that major players believe an ADA ETF is not only possible but potentially imminent.