🚀 Cardano ETF Approval Odds Skyrocket to 80% for 2025—Grayscale Fuels ADA’s Meteoric Rally
Wall Street’s crypto cravings just got a new flavor—Cardano. With Grayscale’s latest move sending ADA prices into orbit, the once-skeptical ETF gatekeepers are suddenly warming up to the 'Ethereum killer.'
### The Grayscale Effect: From Obscurity to Mainstream
Grayscale’s pivot to Cardano isn’t just a nod—it’s a cannonball into the institutional pool. Analysts now peg ADA’s ETF approval odds at a staggering 80%, a number that’d make even Bitcoin maximalists blink. The rally? Up 35% in a week. Coincidence? Hardly.
### The Regulatory Hurdle: A Formality or a Fight?
The SEC’s love-hate relationship with crypto just got more complicated. Cardano’s proof-of-stake model—once a regulatory gray area—is now its golden ticket. 'It’s not a security, it’s a software,' chant ADA bulls. Meanwhile, Bitcoin ETFs are so 2024.
### The Cynic’s Corner: Wall Street’s Late Arrival
Funny how institutions suddenly 'believe' in Cardano—right after retail traders did the heavy lifting. Grayscale’s ADA trust now trades at a 15% premium. Call it foresight—or just FOMO with a suit and tie.
Cardano ETF Approval Odds Soar Past 80%
According to decentralized prediction market Polymarket, traders now see an 80% chance that the US SEC (Securities and Exchange Commission) will greenlight a Cardano ETF this year.
Grayscale Investments’ recent move has amplified that confidence. The asset manager registered the Grayscale cardano Trust ETF in Delaware alongside an HBAR ETF, as BeInCrypto reported.
The registration was filed on August 12, 2025, with CSC Delaware Trust acting as the registered agent in Delaware.
Delaware’s public registry portal shows new filings for the Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF. The step is often seen as the precursor to a formal ETF application.
“Both networks have growing RWA adoption stories, and this step often comes before a spot ETF filing; a green light can bring a wave of institutional capital,” wrote Web3 researcher Justin Wu.
These general statutory trusts are a common first step in Grayscale’s ETF playbook. It is typically followed by S-1 filings with the SEC.
While the trust registrations do not confirm approval, they signal Grayscale’s intent to broaden its altcoin ETF lineup beyond Bitcoin and Ethereum.
This expansion aligns with a growing institutional appetite for diversified crypto exposure. Cardano’s peer-reviewed development approach and scalable blockchain architecture have positioned it as a contender for mainstream adoption through regulated investment products.
Regulatory Process Already in Motion
Meanwhile, the SEC acknowledged NYSE Arca’s 19b-4 filing for the proposed Cardano ETF earlier this year, initiating the formal review process.
Acknowledgement of such filings is an early but essential step toward approval, indicating regulatory engagement rather than outright rejection.
For Cardano supporters, this mirrors the trajectory of the first spot bitcoin ETFs, where early filings set the stage for eventual approval after months of scrutiny.
If successful, the ETF could allow traditional investors to gain ADA exposure without managing digital wallets or private keys.
Meanwhile, analysts anticipate the implementation of a standardized crypto ETF framework soon, which could see joint approvals for each spot ETF as opposed to individual.
Nate Geraci on CNBC
A standardized crypto ETF framework could be implemented in the next 2 months — no more separate approvals for each spot ETF
That means a WAVE of $XRP, Solana, Cardano & more ETFs could flood the market soon pic.twitter.com/t28EEwsS1N
As of this writing, ADA was trading for $0.88063, up by nearly 15% in the last 24 hours.
