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Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether Coindesk 11 Feb 2025

Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether 💹

Grayscale's recent Application for a spot ETF has pushed Cardano's ADA to perform better than Bitcoin and Ether. This momentum is crucial for Cardano as it gains attention in the cryptocurrency market.

However, the Chicago Mercantile Exchange (CME) has yet to list ADA futures. This absence poses a challenge since listing is often viewed as a vital step for gaining approval for a spot ETF, which could hinder further growth potential for ADA.

Source: www.coindesk.com ↗

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