13m ago
Cardano spot ETF case gains support as CME-listed ADA futures hit six-month mark and volume jumps 380%
The outlook for a Cardano spot ETF in the U.S. has strengthened after CME-listed ADA futures completed six months of regulated trading, meeting one condition often referenced in SEC generic listing standards for spot crypto ETPs. ADA futures weekly volume surged about 380% from roughly $150 million to around $650 million, alongside signs of large-holder accumulation. ADA rose about 20% over the past week, trading near $0.20 after rebounding from July lows.
ADA
ADA-0.86%
13m ago