Home NewsAltcoin Cardano ETF Hype Boosts ADA Price: 80% Approval Chance

Cardano ETF Hype Boosts ADA Price: 80% Approval Chance

by Ouess

The Cardano (ADA) token is riding a wave of bullish momentum as speculation grows about a potential spot Cardano ETF approval in 2025. With institutional interest heating up, ADA has surged 15% in 24 hours, trading at $0.88063 at press time.

Why Traders Bet on Cardano ETF Approval

Polymarket

Prediction market Polymarket now shows an 79% chance of SEC approving a Cardano ETF this year. This optimism stems from two key developments:

  1. Grayscale’s Delaware Trust Filings
    • Registered “Grayscale Cardano Trust ETF” on August 12, 2025
    • Similar filing for Hedera (HBAR) ETF
    • Typically precedes formal SEC application
  2. SEC’s Engagement with NYSE Arca
    • Regulatory review of 19b-4 filing already underway
    • Mirrors early Bitcoin ETF approval process

“This could open floodgates for institutional capital,” notes Web3 researcher Justin Wu.

What This Means for Cardano

A spot ETF would:
✅ Let traditional investors access ADA without self-custody
✅ Potentially trigger mainstream adoption
✅ Validate Cardano’s peer-reviewed blockchain model

ADA Price Reacts to ETF Buzz

ADA Price Source : TradingView

The market is clearly pricing in this optimism:

  • 15% price surge in 24 hours
  • Growing trading volume
  • Positive sentiment across crypto forums

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