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The ETF on Cardano by Grayscale is recognized by the SEC Cryptonomist 25 Feb 2025

The ETF on Cardano by Grayscale is recognized by the SEC 🇺🇸

Grayscale's Cardano ETF has been recognized by the U.S. Securities and Exchange Commission (SEC), marking the initial step in the approval process. While this acknowledgment is significant, securing the final approval could still take several months. This development is seen as a positive move in the broader acceptance of cryptocurrency-backed financial products.

Source: en.cryptonomist.ch ↗

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