After Cardano (ADA) set its sights on outshine g Bitcoin, investors have again suffered another disappointment. This is after ADA slumped from a 15% gain in earlier trading.

Certain cryptocurrencies zoomed higher today as rumors swirled about the potential for new spot crypto exchange-traded funds (ETFs). Spot ETFs previously served as powerful catalysts for the largest cryptocurrencies, Bitcoin and Ethereum.

The analysts estimate Dogecoin ETF approvals at 75%, while Solana and XRP ETFs have 70% and 65% chances, respectively.

Cardano's price has recently bounced back, rising by 18% over the last 24 hours. This recovery follows a notable correction, signaling that the bullish pattern ADA has been forming remains intact.

Litecoin (LTC) has seen a significant surge in price recently, gaining 24% over the course of a week, with a massive rise in trading volume. This bullish movement has been fueled by growing optimism surrounding a potential Litecoin ETF, and technical signals suggest that the cryptocurrency may be on the verge of a major breakout.

The crypto market has struggled in the last two weeks, with Bitcoin facing resistance at the $100,000 mark. However, the last 48 hours have seen some semblance of recovery, and the following three coins signal a high upside potential in the near term.

Litecoin (LTC) could soon join the list of spot crypto exchange-traded funds (ETFs) trading in the US, with Bloomberg analysts giving it an over 90% chance of approval.

After a sluggish start to 2025, Cardano (ADA) has staged a sharp rebound. The cryptocurrency had slipped 6% year-to-date, struggling to regain momentum after failing to reclaim the $1 mark since January 20.

Cardano price rebounded on Tuesday as odds of the ADA ETF approval rose and after Charles Hoskinson teased of an upcoming VIP meeting. ADA, the popular layer-1 token, rose to $0.8185, up by 60% from its lowest level this month.

The recent announcement from the Wall Street asset management firm Grayscale about its filing for a spot ADA exchange-traded product has triggered a bullish momentum among multiple coins, including BTC, ADA, SOL, LTC, and XRP.

Crypto investment firm Grayscale is seeking to introduce a Cardano (ADA) exchange-traded fund on the New York Stock Exchange as the race for crypto ETFs heats up. This is notably the first spot ADA ETF in the US and Grayscale's first standalone Cardano investment product.

Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.

Litecoin (LTC) was also among the top performers, gaining 6.5% from Monday.

According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.

The rally follows Bloomberg analysts raising approval odds for a Litecoin ETF, and Monday's spot Cardano ETF filing.

Litecoin (LTC) price saw a 15% price increase, moving closer to its key resistance level at $130, amid the 90% odds of a spot ETF approval this year.

After a massive liquidation crash in January, the crypto market has been struggling to this day. Not only the smaller and less volatile cryptos but also the top ones, Bitcoin, XRP, Solana, and Cardano, struggled and faced high consolidations.

Can LTC maintain its uptrend momentum driven by ETF speculation?

Cardano (ADA) has experienced a major price surge, with its value rising over 15% in the past 24 hours. This surge mirrors the broader positive movement in the altcoin market and Bitcoin's recent rally.

Both Cardano (ADA) and Kaspa (KAS) have experienced sizable price surges in this current crypto bull market. However, both are also a long way from their respective all-time highs.

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Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.

TL;DR NYSE Arca files for Grayscale's first-ever standalone Cardano ETF, marking a significant step towards creating a U.S.-based ETF for ADA. The announcement led to ADA's price skyrocketing by over 12% in a single day, reflecting growing interest and confidence in Cardano.

Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.

Grayscale and NYSE Arca have filed an application with the US Securities and Exchange Commission (SEC) to list a spot Cardano (ADA) exchange-traded fund (ETF), adding to the growing wave of digital asset funds seeking regulatory approval for ETFs.

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

NYSE Arca has filed with the SEC on behalf of Grayscale to launch a spot Cardano ETF, which would be the first standalone investment product for ADA if approved.

Bloomberg analysts predict a 90% chance of SEC approval for a Litecoin ETF in 2025, leading other cryptocurrency ETF candidates

Grayscale has submitted a 19b-4 filing to the SEC for a spot Cardano ETF in the past day. Analysts expect the US ETF to witness a huge boom in 2025.

Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.

LTC, ADA, and SUI are the top gainers from the larger-cap alts.

Grayscale and NYSE Arca have filed for the first US Cardano ETF, which would hold ADA tokens in cold storage through Coinbase Custody and allow traditional investors regulated exposure to the cryptocurrency.

Prices for Litecoin, Dogecoin, Solana, and XRP are in the green after analysts James Seyffart and Eric Balchunas released their ETF approval odds.

Grayscale has applied with the US Securities and Exchange Commission (SEC) to list a Cardano exchange-traded fund (ETF) on the New York Stock Exchange (NYSE), according to a Feb. 10 filing. This would mark the first US-listed ETF tied to ADA, providing regulated exposure to the digital asset.

Cardano's price shows potential recovery signals as technical indicators turn positive and trading volume increases, with key price levels at $0.8119 resistance and $0.6822 support serving as crucial markers for future movement.

US fund manager Grayscale, one of the first Bitcoin ($BTC) and Ethereum ($ETH) ETF issuers, filed for a Cardano ETF (exchange-traded fund). If approved, it would be the first-ever Cardano ($ADA) ETF.

Grayscale has filed for the first-ever spot Cardano ETF, marking the 60th crypto ETF filing this year. ADA surged 11% following the news, fueling optimism about altcoin ETFs gaining regulatory approval.

Nice rebound today for the price of Cardano's native cryptocurrency, thanks to Grayscale's request.

Cardano is showing renewed strength as bullish momentum builds, driving ADA closer to the $0.8119 resistance level. After steady accumulation, buyers are beginning to take control, pushing the price higher and reinforcing optimism in the market.

NYSE Arca has filed a regulatory form that is necessary to list shares of the Grayscale Cardano Trust under the "GADA" ticker.

As Bitcoin (BTC) price retested a crucial resistance level above $98k, Cardano (ADA) price followed in tandem, akin to most of the altcoins. The large-cap altcoin, with a fully diluted valuation of about $35.7 billion and a 24-hour average trading volume of about $1.

There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.

The Cardano native token has surged double digits following a spot ETF application from crypto asset manager Grayscale.

Grayscale Investments' Cardano ETF filing marks the first standalone ADA-based product in the US. The post Grayscale Files for Spot Cardano ETF, First ADA-Based Investment Vehicle appeared first on Cryptonews.

Grayscale, through NYSE Arca, has submitted a filing under the Securities and Exchange Act of 1934 to introduce a spot Cardano exchange-traded fund (ETF).

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

Litecoin closed the weekly trade with the mighty dragonfly doji, which is powerful and hugely long. This has suggested the token is bracing itself for a strong price action, which has materialized since the start of the week.