Overview

• The SEC set October 22, 2025 as the final decision date for Grayscale’s spot ADA ETF, with Polymarket pricing the probability of approval near 87%, which reflects market prediction rather than a regulatory determination.
• OpenBank launched ADA trading on September 16 in Germany with plans to expand to Spain and broader Europe, charging a flat 1.49% transaction fee with a €1 minimum and offering free custody.
• More than two million OpenBank clients can buy, sell, and hold ADA alongside stocks, bonds, and ETFs within the same banking dashboard, removing the need for third‑party exchanges.
• Technical indicators remain bullish with price above the Ichimoku cloud, a July 22 golden cross, and a double‑bottom at $0.5025, while analysts cite $1.3272 as the next major resistance and $0.83 as the key support that would invalidate the setup.
• Coverage notes the SEC’s newly approved generic standards for altcoin ETFs that require a Coinbase futures product, a criterion Cardano meets, with earlier approvals of spot Ethereum ETFs offering regulatory precedent.