SEC Delays Orders for BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie

Grayscale has taken a significant step toward launching a Cardano ETF by establishing a Delaware-based legal entity. This move signals the firm’s confidence in Cardano’s long-term potential and hints at possible regulatory approval from the SEC in the future.

In recent weeks, the cryptocurrency market has gained strong momentum, with both Bitcoin and posting impressive rallies. This renewed investor interest has been fueled by factors such as strategic ETF inflows, market pullbacks, and broader macroeconomic signals tied to U.S. equity futures and debt expansion. The overlap of traditional market trends with active Asian trading has created a distinctly bullish environment for digital assets.

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