NYSE Arca has filed a regulatory form that is necessary to list shares of the Grayscale Cardano Trust under the "GADA" ticker.

As Bitcoin (BTC) price retested a crucial resistance level above $98k, Cardano (ADA) price followed in tandem, akin to most of the altcoins. The large-cap altcoin, with a fully diluted valuation of about $35.7 billion and a 24-hour average trading volume of about $1.

The Cardano native token has surged double digits following a spot ETF application from crypto asset manager Grayscale.

Grayscale Investments' Cardano ETF filing marks the first standalone ADA-based product in the US. The post Grayscale Files for Spot Cardano ETF, First ADA-Based Investment Vehicle appeared first on Cryptonews.

Grayscale, through NYSE Arca, has submitted a filing under the Securities and Exchange Act of 1934 to introduce a spot Cardano exchange-traded fund (ETF).

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

NYSE Arca has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Cardano Trust, paving the way for the first U.S. exchange-traded fund (ETF) tied to Cardano's ADA cryptocurrency.

Grayscale Investments has officially filed to launch a Cardano exchange-traded fund (ETF) on the New York Stock Exchange, marking a major milestone for the ADA community. The proposal, submitted by NYSE Arca on behalf of Grayscale, seeks to list and trade shares of the Grayscale Cardano Trust.

ADA surges 11% as Grayscale's spot Cardano ETF becomes the 60th crypto ETF filing this year, raising expectations for SEC approval.

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.

Today, Grayscale filed paperwork with the New York Stock Exchange (NYSE) for a spot Cardano ETF, the first-ever ADA-based product that could hit US markets. The filing lands as Grayscale continues expanding its crypto offerings, with regulatory approvals on its radar thanks to president Donald Trump's crypto-friendly administration.

NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.

Cardano (ADA) surged 11.72% on Tuesday, reaching $0.7470 by 20:58 (01:58 GMT) on the Investing.com Index. This marks its largest one-day percentage gain since January 3, pushing its market cap to $26.13 billion, accounting for 0.81% of the total cryptocurrency market.

Cardano has faced significant volatility and selling pressure as the broader crypto market struggles to establish strong support levels. Since early December, Cardano has dropped over 61%, with its price action reflecting a persistent downtrend that has shaken investor confidence.

NYSE Arca has filed on behalf of Grayscale to launch the firm's first-ever standalone Cardano ETF product.

The potential listing of a Cardano ETF could enhance mainstream crypto adoption, yet regulatory challenges may impede its immediate success. The post Nyse files to list and trade Grayscale Cardano ETF under ticker GADA appeared first on Crypto Briefing.

Grayscale Investments has submitted an application to the New York Stock Exchange (NYSE) for a Cardano exchange-traded fund (ETF). This marks a step in the growing interest in cryptocurrency ETFs.

A subsidiary of the New York Stock Exchange, on behalf of Grayscale, filed to create a spot Cardano exchange-traded fund.

On Monday, asset manager and crypto ETF issuer, Grayscale, officially filed a 19b-4 proposal with the US Securities and Exchange Commission (SEC) to launch a spot Cardano ETF.

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Cardano price is currently testing a crucial support zone between $0.67 and $0.81, a level that has previously played a vital role in determining price movements. This range has historically acted as both support and resistance, making it an important area for traders to monitor.

The prospect of the Elon Musk-led Department of Government Efficiency (D.O.G.E.) adopting Cardano as its preferred blockchain is fueling discourse in the community.

Cardano (ADA) price remains in a consolidation phase after dropping more than 25% over the last 30 days as it struggles to reclaim the $25 billion market cap threshold. Despite signs of stabilization, indicators still reflect lingering bearish pressure.

Cardano (ADA) has recently shown promising signs of a potential rebound, raising interest from traders and investors alike. With key technical indicators flashing bullish signals, the cryptocurrency could be on the verge of a significant breakout.

ADA, the native token of the Cardano blockchain, seems to be weakening day by day and appears to be losing control over the crucial support level. Today, February 11, 2025, a prominent crypto expert posted on X (formerly Twitter) and shared key levels of $0.67 and $0.

Cardano (ADA) has been able to clamber back to the north of $0.70 at the start of the week, and following last week's sharp decline, could be setting up for a nice rebound this week.

Cardano price, a popular layer-1 network, remains in a bear market as the prolonged retracement that started in December continued. While ADA investors are deep in the red, one popular analyst believes that the coin is ripe for a strong bullish breakout, citing its historical performance.

ADA shows signs of a potential rebound, with a TD Sequential buy signal, a symmetrical triangle pattern, and balanced market dynamics hinting at an upcoming price breakout.

Cardano price gains have now dried up as the February decline has pushed ADA into the red zone. Fearing that the Cardano price will recover by April, ADA holders are joining Propichain, a real estate investing system that uses artificial intelligence to streamline investment opportunities for its users.

Ripple (XRP) is currently priced at $2.43, and Cardano (ADA) sits at $0.70, where both are struggling to break past high performances

Cardano has been on a steady decline, falling 27% since the start of the month. The altcoin is now trading at a multi-month low, with bearish pressure continuing to weigh on its price action.

The prices of the majority of coins are bouncing off on the last day of the week, according to CoinStats.

Cardano remained under pressure and dropped below key support levels as the crypto sell-off continued. Cardano (ADA) token dropped to a low of $0.70 on Sunday, down by over 47% from its highest level in December last year.

Cardano is set to receive a significant boost through an innovative partnership with Walmart, which will introduce a crypto cashback program featuring Cardano's native token, ADA.

Cardano (ADA) has shown notable resilience in recent days, maintaining a stable position above crucial support levels, which raises questions about its potential to push higher in the coming weeks. As ADA continues to hold firm above the $0.81–$0.67 support zone, traders and analysts are watching closely to see whether this stability signals the start of a potential breakout.

Ethereum (ETH) is currently stuck in a narrow range after failing to surpass the $4k resistance. Its poor price movement has left investors looking for the next big thing. IntelMarkets (INTL) is the latest DeFi project making waves in the crypto market.

Cardano price remains under pressure, struggling to hold the $1 support level as market corrections persist. Analysts speculate on ADA's potential to reach $15 this cycle, though bullish momentum remains weak.

Cardano (ADA) has faced a sharp correction in the past week, with its price plummeting by 23%, marking a significant downturn in the broader cryptocurrency market. As of the latest data, ADA is trading at $0.7312, a 4% drop from the previous day, amid increased selling pressure.

The price of Cardano (ADA) has pulled back to the previous range after ending its decline above the $0.50 support.

Cardano (ADA) has dropped sharply from its recent highs, leaving investors wondering—will it bounce back or keep falling?

Charles Hoskinson, founder of the Cardano blockchain, delivered an extensive live stream update outlining a major push toward decentralized governance. Hoskinson discussed the status of Cardano's ongoing constitutional ratification, introduced details of a forthcoming roadmap, and explained a proposed budget overhaul—all aimed at ensuring that Cardano evolves without a centralized executive branch.

Cardano has shown resilience above key support levels, indicating possible upward movement. Explore the latest trends, technical analysis, and social sentiment influencing ADA's performance.

Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.

The cryptocurrency market has seen increased volatility, with existing giants like ETH and ADA hitting monthly lows that have got investors wondering if they are still reliable investments.

Virtune, a Swedish crypto asset manager, has launched new exchange-traded products (ETPs) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA). Virtune CEO Christopher Kock described the new products as timely, pointing at the growing demand.

The cryptocurrency market has been plunged into a decline this week, with global crypto market capitalization dropping by 11% in the past seven days.

Cardano (ADA) price remains in bearish this week as many crypto investors have embraced a cautious tone. Bitcoin (BTC) crashed below the support at $100k and the falling fear and greed index has not helped.