Skip to main content

Grayscale’s Cardano ETF Move and Record Holder Surge: Analysts Optimist on ADA’s Future

Grayscale Investments has officially registered the “Grayscale Cardano Trust ETF” in Delaware, marking a significant step toward bringing a spot Cardano ETF to market.

The filing, made on August 12, 2025, reflects Grayscale’s established strategy, forming Delaware trusts before submitting formal applications to the U.S. SEC.

This move comes as the SEC is already reviewing NYSE Arca’s 19b-4 filing for a spot Cardano ETF, with analysts estimating a 75% chance of approval by late August. If approved, the ETF would give institutional and retail investors an easier way to gain ADA exposure without the technical issues of crypto custody.

Grayscale’s expansion into altcoin ETFs, beyond its flagship Bitcoin and Ethereum products, reflects growing institutional demand for diversified crypto investment vehicles.

Record Long-Term Holders Signal Strong Investor Confidence

On-chain data shows more than 15 billion ADA tokens have remained untouched for over a year, an all-time high for Cardano. This surge in long-term holding signals deep conviction among investors, even during periods of sluggish price performance.

Cardano, known for its research-driven development and scalability focus, has recently gained further attention following the launch of its Midnight privacy protocol. This has strengthened its position in enterprise and privacy-focused blockchain applications, attracting fresh institutional interest.

Technical indicators also suggest bullish momentum is building. ADA has recently broken through the key $0.85 resistance level, and if it sustains above this zone, analysts predict a possible rally toward $1.20, a gain of up to 48% from current levels.

cardano ada adausd

Regulatory Tailwinds Could Accelerate Cadano’s (ADA) Breakout

The SEC’s recent approval of in-kind redemption mechanisms for Bitcoin and Ethereum ETFs has boosted market confidence in crypto ETFs overall. Combined with inter-agency regulatory initiatives like “Project Crypto,” which aim to clarify asset classifications, the environment for altcoin ETFs is becoming more favorable.

If approved, the Cardano ETF could draw significant institutional inflows and boost ADA’s liquidity. With long-term holders at record highs and favorable regulatory trends, market analysts remain optimistic. Projections suggest ADA could rally past $1.50 if these factors align.

Cover image from ChatGPT, ADAUSD chart from Tradingview



from Bitcoinist.com https://ift.tt/EgvKMxR
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin ETFs Post Second Straight Week Of $500 Million Outflow — Details

The US-based spot Bitcoin ETFs (exchange-traded funds) recorded their second consecutive week of significant outflows over the last five-day trading period. This recent run of disappointing performances reflects the ongoing shift in investor sentiment in the United States. Over the past year, strong inflows into the US Bitcoin ETF market have constantly been associated with positive action for the BTC price. Fittingly, the price of Bitcoin has been consolidating over the past few weeks, struggling to pick up any real momentum. Bitcoin ETFs Record Fourth Consecutive Outflow Day According to the latest market data , the US Bitcoin ETFs registered a total daily outflow of $62.77 million on Friday, February 21. This latest round of withdrawals marked the fourth straight day (and the eighth day in the last nine trading days) that the crypto-based products would witness a net capital outflow. The Grayscale Bitcoin Trust (with the ticker GBTC) accounted for a larger percentage of Friday’...
Post a Comment
Read more

Bitcoin Remains Range-Bound As Volatility Declines – Analyst Explains Price Action

Bitcoin has experienced frustrating price action in recent weeks, leaving investors impatient about its short-term direction. The price has been testing crucial supply levels between $98K and $100K, struggling to break out as uncertainty dominates the market. The lack of a clear move has led to speculation about whether BTC is preparing for a breakout or another correction. Adding to the uncertainty, the market was hit by negative news on Friday when crypto exchange Bybit was hacked, resulting in the theft of $1.4 billion in ETH. The incident caused fear and volatility, briefly dragging prices lower. However, Bybit responded quickly to reassure investors, easing some of the initial panic and stabilizing the market. Despite this, Bitcoin continues to consolidate in a tight range. Crypto expert Daan shared an analysis on X, noting that BTC is still ranging while volatility is steadily decreasing. As price compression increases, traders are on high alert for a potential explosive move....
Post a Comment
Read more

OpenSea Dodges A Bullet As SEC Drops Investigation—Details

In a move that many in the crypto industry view as a positive signal, the US Securities and Exchange Commission (SEC) has officially discontinued its investigation into OpenSea, the leading NFT marketplace. This decision concludes months of uncertainty regarding the regulatory status of NFTs and their classification under US securities laws. SEC Decision Signals A Shift On February 21, 2025, Devin Finzer, the CEO and co-founder of OpenSea, said the SEC will not take any enforcement action against the firm. This comes following the August 2024 Wells Notice to OpenSea issued by the SEC, which indicated the possibility of legal action on alleged unregistered securities offenses. The outcome of this case suggests a possible shift in the way authorities handle NFTs, therefore affecting the whole scene of digital assets. For the industry, this outcome has been seen as a major turning point. Though they are in rivalry with OpenSea, Chris Akhavan, the Chief Business Officer of Magic Eden,...
Post a Comment
Read more