Cardano ETF Approval Odds Spike to 90%: Is ADA Set for a Breakout in 2025?
- Polymarket indicates a 76% likelihood of Cardano ETF approval by 2025.
- Bloomberg analysts are projecting a 90% or higher chance of approval in 2025.
- ADA volatility continues, but long-term institutional interest remains high.
Traders are keeping an eye on Cardano (ADA) as confidence grows over a possible spot ETF approval in 2025. According to blockchain-based prediction platform Polymarket, traders currently assign a 76% chance that a spot Cardano ETF will be approved by the U.S. SEC in 2025.
The odds have surged in recent weeks, with over $374,000 wagered on the outcome, reflecting the new optimism. On the platform, users can buy “Yes” shares at 76 cents and “No” shares at 25 cents, closely reflecting the market’s real-time outlook on regulatory progress.
Related: Chainlink and Cardano Flash Bullish Signals: Is This a Pre-Bull Market Breakout?
Bloomberg Analysts Bullish on Cardano ETF Approval
Much of the momentum stems from improving communication between the crypto sector and the SEC. Bloomberg analysts Eric Balchunas and James Seyffart have added to the bullish tone, forecasting that Cardano, among other altcoins, has a 90% or higher…
The post Cardano ETF Approval Odds Spike to 90%: Is ADA Set for a Breakout in 2025? appeared first on Coin Edition.
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Cardano ETF Approval Odds Spike to 90%: Is ADA Set for a Breakout in 2025?
- Polymarket indicates a 76% likelihood of Cardano ETF approval by 2025.
- Bloomberg analysts are projecting a 90% or higher chance of approval in 2025.
- ADA volatility continues, but long-term institutional interest remains high.
Traders are keeping an eye on Cardano (ADA) as confidence grows over a possible spot ETF approval in 2025. According to blockchain-based prediction platform Polymarket, traders currently assign a 76% chance that a spot Cardano ETF will be approved by the U.S. SEC in 2025.
The odds have surged in recent weeks, with over $374,000 wagered on the outcome, reflecting the new optimism. On the platform, users can buy “Yes” shares at 76 cents and “No” shares at 25 cents, closely reflecting the market’s real-time outlook on regulatory progress.
Related: Chainlink and Cardano Flash Bullish Signals: Is This a Pre-Bull Market Breakout?
Bloomberg Analysts Bullish on Cardano ETF Approval
Much of the momentum stems from improving communication between the crypto sector and the SEC. Bloomberg analysts Eric Balchunas and James Seyffart have added to the bullish tone, forecasting that Cardano, among other altcoins, has a 90% or higher…
The post Cardano ETF Approval Odds Spike to 90%: Is ADA Set for a Breakout in 2025? appeared first on Coin Edition.
Read More
XRP Tops Crypto Market Ahead of October SEC ETF Decisions