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Odds of a Cardano ETF Approval Jumps to 70% as Institutions Accumulate ADA Heavily

  • The probability of SEC approval for a spot Cardano (ADA) ETF by the end of 2025 has surged to 70% according to Polymarket.
  • Institutions like Grayscale have been heavily accumulating ADA, with the Grayscale’s Digital Large Cap Fund expanding its ADA holdings to over $11 million.
  • Cardano's integration with BitcoinOS for seamless Bitcoin DeFi operations and innovative zero-knowledge cryptographic protocols has fueled speculation and institutional interest.
  • Analysts are projecting potential ADA valuations around $3, with expectations of a major price movement in the next 4-6 weeks, potentially leading to gains of 20-100% against Bitcoin.

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