SEC Delay Impacts Cardano ETF Applications, Spark Market Speculation

The U.S. SEC has pushed back its decision on several applications for a Cardano exchange-traded fund (ETF), creating uncertainty in the market and fueling speculation about potential financial impacts. This delay comes at a time when key institutions are eyeing ADA and other altcoins, especially as they prepare to potentially invest following regulatory clarity. 30% of all open interest volume has been concentrated in futures markets.