Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Twenty One Capital to Hold 43,500 Bitcoin

    Twenty One Capital Expands Bitcoin Holdings to 43,500 BTC

    Brian Armstrong Highlights Bitcoin’s Importance for Financial Future

    Coinbase CEO Declares Bitcoin Superior Money to Gold

    Bill Miller IV Predicts Widespread Bitcoin Adoption

    Brian Armstrong Confirms Bitcoin Accumulation amid Regulatory Milestone

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    SharpLink Gaming’s Ethereum Holdings Surpass Ethereum Foundation

    Mill City Ventures’ $450M SUI Treasury Allocation

    Shiba Inu’s SHIB Burn Rate Skyrockets by 16,000%

    Shiba Inu Burn Rate Surges to Record 16,000%

    Cboe Files for Invesco Galaxy Solana ETF Listing

    Hyperscale Data Allocates $10M for XRP Purchase

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

SEC Delays Approval of Grayscale’s Spot Cardano ETF

Solomon M. by Solomon M.
March 17, 2025
in Altcoin News
Key Points:

  • The SEC postpones Grayscale’s Cardano ETF decision.
  • Delay affects over 60 crypto ETFs.
  • May 29, 2025, is the new deadline.

grayscales-spot-cardano-etf-decision-delayed-by-sec
Grayscale’s Spot Cardano ETF Decision Delayed by SEC

Grayscale’s request for a spot Cardano ETF faced a delay from the SEC, extending the decision deadline to May 29, 2025. This follows a trend of postponements impacting over 60 crypto ETF applications.

Cryptocurrency investors are closely observing the situation as the SEC’s decision on Grayscale’s Cardano ETF could significantly affect market visibility and growth potential for ADA.

The SEC’s decision to delay comes amid a history of postponements, which affects not only Grayscale but also numerous other crypto assets, demonstrating a cautious regulatory stance. Analysts were not surprised by this decision.

Involved parties include Grayscale and the SEC, with the former awaiting approval for its spot Cardano ETF. The new deadline provides time for careful evaluation of application details, a standard procedure according to experts.

Market reactions indicated a slight decline in Cardano’s price, as traders processed the news. ADA traded around $0.73, marking a 2.1% decrease in the past 24 hours, reflecting caution among investors.

Experts note that the financial implications might include a temporary market uncertainty for ADA. Additionally, this decision could slow the momentum for ETF-related investments in the crypto industry, influencing broader market dynamics.

The latest price data indicates that Cardano is currently trading at $0.73, experiencing a fluctuation close to its 200-week moving average. Analysts suggest this trend aligns with previous market movements, reinforcing historical price patterns.

James Seyffart, an ETF analyst, suggests that regulatory delays are typical in these situations. Despite the postponement, experts maintain a 65% or higher likelihood of approval by year-end due to the growing acceptance of altcoin ETFs. Seyffart stated, “This is standard procedure. I would be extremely surprised if any of these submissions received approval before [Paul] Atkins is confirmed by the first deadlines.”


Previous Post

SEC Postpones Canary Spot LTC ETF Decision

Next Post

SEC Delays Approval of Canary Spot XRP ETF

Solomon M.

Solomon M.

Related Posts

SharpLink Gaming’s Ethereum Holdings Surpass Ethereum Foundation

by Joshua T.
July 29, 2025

SharpLink Gaming now holds 438,190 ETH, surpassing all competitors in public company crypto treasuries.

Mill City Ventures’ $450M SUI Treasury Allocation

by Solomon M.
July 29, 2025

Mill City Ventures commits $450M to SUI treasury, driving potential price rise to $7.5.

Shiba Inu’s SHIB Burn Rate Skyrockets by 16,000%

by Solomon M.
July 29, 2025

Shiba Inu's SHIB burn rate soars, impacting market dynamics and ecosystem developments.

Shiba Inu Burn Rate Surges to Record 16,000%

by Solomon M.
July 29, 2025

Shiba Inu burn rate skyrockets 16,000%, driving $0.000025 prediction due to increased DeFi focus.

Cboe Files for Invesco Galaxy Solana ETF Listing

by Solomon M.
July 29, 2025

Cboe BZX Exchange filed with SEC for Invesco Galaxy Solana ETF listing, signaling major institutional interest.

Hyperscale Data Allocates $10M for XRP Purchase

by Solomon M.
July 29, 2025

Hyperscale Data invests $10 million into XRP, sparking a market response.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.