Cardano ETF Approval Odds Surge to Record High, Investors Hopeful

The U.S. Securities and Exchange Commission (SEC) is set to decide on May 29, 2025, whether to approve, reject, or delay a Cardano (ADA) exchange-traded fund (ETF) proposed by Grayscale. Data from Polymarket indicates a record high of 71% chance of approval, fueling investor optimism for this potential milestone. The SEC is expected to issue its final decision on the Cardano ETF by October 22, 2025, with the possibility of delays or extensions. Should the SEC approve, this ETF would enable investors to gain exposure to Cardano without owning the underlying cryptocurrency itself, potentially easing entry for both seasoned and novice investors.