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CoinDesk - by layer3.news
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2025-02-11 05:53:56
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Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether


CoinDesk (nprofile…nhef)
✍️ Cardano's ADA token surged 11% after Grayscale Investments applied for a spot ADA exchange-traded fund (ETF) in the US, outperforming bitcoin and ether.
👉 Grayscale Investments applied for a spot ADA ETF in the US
👉 ADA's price surged 11% after the announcement
👉 The market is shifting its focus towards Layer 1 coins
👉 ADA and its peers are receiving increased attention on social media

#US #NewYork #technology
CoinDesk (nprofile…nhef)

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF
https://www.coindesk.com/markets/2025/02/11/grayscale-etf-application-helps-cardano-s-ada-outshine-bitcoin-and-ether

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