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May 29, 2025

Grayscale ETF Approval Delayed as SEC Enhances Review of ADA and AVAX

Cardanoโ€™s ETF prospects remain uncertain as the SEC continues to delay decisions on applications despite a 67% approval likelihood. The regulatory body cites the need for additional time to conduct a thorough review of the proposals for ADA and AVAX. Investors and stakeholders are left anxiously awaiting the SECโ€™s decision, which could greatly determine the future of these cryptocurrency assets in public markets.

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