💢The odds of a Cardano ETF being approved in 2025 are looking promising, with some predictions suggesting a 90-92% chance of approval. Here's what we know:
🌟Approval Odds:
#Polymarket shows a 92% chance of approval, while #Bloomberg analysts estimate around 75-90%.
🧩SEC Deadline:
The SEC has delayed its decision on the Grayscale Cardano ETF to October 26, 2025.
Growing optimism around regulatory changes and increased institutional interest are driving the approval odds.
📊Technical Progress:
Cardano's recent technical upgrades, such as the #HALO 2-Plutus verifier, are enhancing privacy and scalability, which could support institutional confidence.
🧭Impact on Market:
🌐Increased Liquidity:
A regulated ETF would provide institutional investors with easier access to ADA, potentially driving up demand and liquidity.
🪄Mainstream Validation:
An ETF approval would represent mainstream validation of #Cardano as an investment-grade digital asset.
💸Price Impact:
A spot ETF approval could attract billions in new capital, supporting $ADA price and potentially leading to a surge.