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