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The Cardano ETF decision is approaching and the approval odds rise to 71%
Regulatory momentum in favor of Cardano
The approval odds for the Cardano Exchange-Traded Fund (ETF) have reached a record 71%, according to the Polymarket platform, amid speculation of a positive shift in the SEC's stance towards altcoins.
Potential price impact
Analysts believe that approval could drive ADA towards levels not seen since the previous bull market, especially with increasing institutional interest.
Decisive session in June
The anticipated decision from the U.S. Securities and Exchange Commission is expected to be announced in the coming weeks, making ADA one of the most awaited cryptocurrencies right now.
#CardanoETF #ADA #CryptoRegulation #AltcoinSeason