Cardano's price surged 17% following a surprise Grayscale ETF filing, potentially boosting institutional adoption. Meanwhile, Solana-based Layer-2 platform Solaxy is rapidly approaching its $20 million funding goal in its presale.
Cardano ’s price just popped 17% following a surprise ETF filing from Grayscale, potentially paving the way for more institutional adoption.
While Grayscale’s ETF is not guaranteed to be approved, it shows that big players are becoming more interested in offering regulated crypto investment options beyond Bitcoin and Ethereum. This “slow and steady wins the race” strategy might have annoyed some investors seeking quick profits, but it has given Cardano a solid base for future growth.is coming, promising to significantly boost transaction speeds through Layer-2 scaling.
CARDANO ETF INSTITUTIONS SOLANA SOLAXY
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grayscale Files For Cardano ETF, Its First Standalone ADA ProductThe proposed ETF would list on NYSE.
Read more »
Kylan Boswell scores 17 points as No. 17 Illinois defeats NorthwesternKylan Boswell scores 17 points as No. 17 Illinois defeats Northwestern
Read more »
Cardano Price Forecast: ADA to retake $1.20 on US Fed decision and Litecoin ETF progressCardano (ADA) surged by 6% on Thursday, briefly touching the psychological $1 threshold as bullish sentiment returned to the crypto market.
Read more »
Cardano (ADA) Price Drops Despite ETF Hopes and Institutional InterestDespite a surge fueled by Grayscale's ETF filing and institutional interest, Cardano's (ADA) price has experienced a downturn, dropping from a 15% gain earlier today. Although ADA managed to surpass the $0.8 resistance level, it has struggled to maintain momentum, trading at $0.7934 with an 88.84% increase in trading volume. Analysts predict potential price surges if ADA breaks the $1 psychological barrier, with targets set at $1.06, $1.37, and $1.6.
Read more »
Grayscale Launches MNRS: A Bitcoin Mining ETF Offering Exposure to the Industry's GrowthGrayscale, a leading crypto-centric asset manager, has unveiled MNRS, a new exchange-traded fund (ETF) focused on Bitcoin mining stocks. This innovative offering provides investors with a unique opportunity to participate in the growth of the Bitcoin market without directly holding cryptocurrency.
Read more »
Grayscale Files to Convert XRP Trust into ETFGrayscale Investments has submitted an application to the SEC to convert its XRP Trust into an exchange-traded fund (ETF) for listing on the New York Stock Exchange. The proposed ETF would continue to hold XRP as its primary asset and track its performance on a price return basis.
Read more »