- Main event: Cardano ETF odds peak at 90% for 2025.
- Increased SEC engagement cited.
- Speculative market activities observed.
Cardano’s potential ETF approval odds in 2025 have reached unprecedented levels according to Polymarket data, with Bloomberg analysts noting a 90% chance of approval.
Polymarket and Bloomberg’s analysis suggest significant optimism for Cardano ETF approval, impacting market sentiment positively.
Engagement with SEC
Bloomberg analysts, including Eric Balchunas and James Seyffart, report a 90% approval probability for a spot Cardano (ADA) ETF by year-end 2025. The U.S. Securities and Exchange Commission (SEC) has demonstrated constructive engagement through ongoing technical filings.
“Engagement from the SEC is a very positive sign in our opinion.” – James Seyffart, Senior ETF Analyst, Bloomberg
Key players in ETF approvals, including Grayscale, have pushed for an ADA ETF; however, no direct public statements from Cardano’s founder Charles Hoskinson have been reported. Increased SEC communication with ETF issuers bolsters expectations.
Market Impact
Polymarket reflects significant optimism regarding SEC approval by December 31, 2025. Market impact includes ADA trading price movements and speculative investments as optimism grows. Other assets like XRP, Dogecoin, and Solana may see related impacts if similar approvals proceed.
Historically, ETF approvals for Bitcoin and Ethereum led to inflows and price surges. A projection of similar outcomes for Cardano positions it as a central focus for speculative investment. The industry’s response includes active engagement from leading ETF issuers, indicating a strong belief in eventual regulatory assent.
Technical Filings
Eric Balchunas, Senior ETF Analyst, Bloomberg, also highlights that “Bloomberg analysts cite a surge in technical filings, such as 19b-4 acknowledgements and S-1 amendment requests, as tangible evidence the SEC is seriously considering the applications.”
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