Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform.

Cardano's price has shown strong recovery momentum, supported by sustained whale accumulation of 1.41 billion ADA tokens, Grayscale's ETF filing, and technical improvements through the Plomin hard fork.

Crypto investment firm Grayscale on Monday filed to list a Cardano (ADA) exchange traded fund on the New York Stock Exchange. Grayscale, which last year broke through U.S. regulators' blockade against the bitcoin ETF,

It looks like Grayscale is doubling down on crypto, this time betting big on Cardano. The investment giant filed Monday to launch a Cardano

Cardano (ADA) is showing signs of recovery after completing a corrective phase, with Elliott Wave and Fibonacci levels supporting a move toward $1.12. Holding above $0.72 is critical for the bullish scenario.

NYSE Arca files for Grayscale Cardano ETF, offering ADA exposure under ticker GADA, enabling traditional stock market trading access.

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) is attempting to reclaim the $0.75 support area. Grayscale has applied for an ADA Exchange-Traded Fund (ETF). Can ADA break out from the

Cardano (ADA) price rallied by 15%, outperforming major cryptos like Bitcoin, Ethereum, and XRP, on news of Grayscale's spot ETF filing.

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

The filing highlights Grayscale’s strategy to expand its presence in the cryptocurrency ETF space, as the firm has already filed similar applications for