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Top Cardano Feed News

SEC

Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US

100% Center coverage: 2 sources

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.’s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. “While an investment in the shares is not a direct investment in ADA, the …See the Story

SEC

Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether

Coverage: 2 sources

Cardano’s ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S. ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is still down 36% from its December... The post Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ethe…See the Story

Ethereum

Ether fees hit new lows; Is it a bullish setup for investors?

Ethereum’s transaction fees have dropped to their lowest level in a very long time, depicting a bullish setup for investors. Ether’s average transaction cost has dropped to 0.00005 ETH, which is a massive decline from 0.005 ETH recorded in early 2024. ETH price has struggled to keep up with...See the Story

News from Cardano Feed