#AltcoinETFsPostponed
#Cardano ETF Approval Chance Jumps to 70% as Institutions Accumulate ADA
The crypto sector is seeing a significant shift as the probability of the SEC approving a spot Cardano (ADA) Exchange-Traded Fund (ETF) by the end of 2025 has skyrocketed to 70%, according to leading prediction platform Polymarket.
This significant jump from just 20% earlier this year reflects growing institutional confidence in the Cardano ecosystem and future potential.
On April 27, crypto analyst Nala shared a Polymarket screenshot showing Grayscale’s strategic repositioning towards Cardano.
“Grayscale is accumulating more Cardano. ADA ETF probability jumped from 20% to 70%. Is an ADA ETF closer than we think?” she wrote.
Grayscale's Digital Large Cap Fund (GDLC) has significantly expanded its ADA holdings to over $11 million, representing a calculated re-entry after its previous
