The SEC has acknowledged Grayscale's Cardano ETF filing, signaling potential growth for altcoin ETFs and broader cryptocurrency adoption in traditional finance.

Cardano (ADA) is among the front runners for crypto ETF approval in 2025, along with Litecoin, XRP and Solana.

Ethereum (ETH) price has been under severe selling pressure currently trading just above the crucial support level of $2,400.