Cardano (ADA) spot ETF approval odds spike to 64%

The probability of a spot Cardano (ADA) exchange-traded fund (ETF) being approved has surged as investors await a decision from the Securities and Exchange Commission (SEC). Specifically, market-implied odds for a 2025 approval have risen to 64%, representing a 54% increase in bullish sentiment compared to earlier this year, according to insights from the betting platform Polymarket. ADA spot ETF approval odds. Source: Polymarket This spike in optimism comes as the SEC approaches a key deadline on May 29 to approve, deny, or extend its decision on Grayscale’s proposed Cardano ETF source: https://finbold.com/cardano-ada-spot-etf-approval-odds-spike-to-64/