Ah, dear reader, brace yourself! We’re off on a merry little jaunt through the curious world of finance and crypto, where deadlines hover like a storm cloud ready to burst. The SEC, that ever-watchful regulator of financial matters, has given itself a bit more time to ponder the fate of the Grayscale Cardano ADA Trust ETF. The suspense, of course, is positively *tingling*, as the deadline now looms over us, set for October 26, 2025. What a lovely date. Not that I’m counting down the days, of course. 🕰️
Now, for those of you who prefer your news straight from the horse’s mouth (or at least from a community of Cardano enthusiasts), the Cardanians – who, no doubt, are fine upstanding citizens of the Cardano kingdom – have been keeping their eyes peeled. According to them, the SEC’s most recent decision was to extend its review of Grayscale’s spot Cardano ETF by a few months, pushing it back until late October. How thoughtful of them. It seems the SEC is taking its time, like a cat lazily considering whether or not to knock over a vase. 🐱
Earlier this month, a glimmer of hope appeared as Grayscale’s Cardano Trust ETF was added to Delaware’s official registration portal. Yes, folks, that’s right – Delaware! If there’s a state where bureaucratic matters are handled with the utmost flair and a dash of good humor, it’s Delaware. 🍸 But I digress. The SEC, in its infinite wisdom, has already nodded at NYSE Arca’s 19b-4 form for the Cardano ETF. So, while there’s been a bit of a delay, we might still be heading towards that ever-elusive approval. Cross your fingers, dear friends. 🤞
🇺🇸 SEC’s deadline to approve or deny the Grayscale Cardano $ADA Trust ETF is October 26, 2025.
• On Polymarket, current approval odds are at 87%
• Bloomberg analysts estimate 75% odds of approvalWhat do you think? Will it pass the finish line?
– Cardanians (CRDN) (@Cardanians_io) August 29, 2025
According to our ever-so-reliable Cardanians, the current approval odds on Polymarket stand at a sprightly 87%. If that doesn’t send a little thrill up your spine, I don’t know what will. Even the ever-astute Bloomberg analysts have raised their eyebrows in approval, estimating a 75% chance of success. It seems like everyone is putting their money on the big win – and I do mean everyone. 💰
The Cardano community, with bated breath (and possibly some very well-pruned portfolios), is now keeping a keen eye on the deadline. October 26, 2025 – mark your calendars, folks! 📅
Cardano News – It’s Not All Just Waiting Around!
As if all the ETF drama weren’t enough to keep us entertained, let’s take a moment to talk about some actual tech magic happening in the Cardano world. The boffins at Input Output have introduced the Halo2-Plutus verifier, a nifty open-source project that promises to unlock zero-knowledge proofs (ZKPs) for Cardano. ZKPs, you ask? Oh, just a small thing that’s revolutionizing privacy, scalability, and security. No big deal, right? 🔒
What’s more, this Halo2-Plutus verifier isn’t just a bit of a show-off – it’s actually designed to integrate into Plinth smart contracts on Cardano. It’s bridging the cryptographic capabilities of Halo2 with the grand ambitions of the Plutus platform, like a high-speed train zipping through the world of blockchain. 🚄
But wait, there’s more! The Halo2-Plutus verifier isn’t just about fancy cryptography. It’s paving the way for the Midnight-Cardano zk-bridge and enabling a whole host of applications like membership proofs, range proofs, and confidential transactions. In short, it’s a big deal. If you’re into cryptography and privacy (and let’s face it, who isn’t?), you’ll want to keep an eye on this. 👀
Read More
- SOL PREDICTION. SOL cryptocurrency
- EUR USD PREDICTION
- EUR BRL PREDICTION
- ETH PREDICTION. ETH cryptocurrency
- RENDER PREDICTION. RENDER cryptocurrency
- DOGE PREDICTION. DOGE cryptocurrency
- VET PREDICTION. VET cryptocurrency
- GBP EUR PREDICTION
- Silver Rate Forecast
- USD COP PREDICTION
2025-08-29 20:05