Overview

• The SEC asked issuers, including Grayscale, to withdraw 19b-4 filings for Cardano ETFs and refile under new Generic Listing Standards intended to speed approvals.
• Odds of a U.S. spot-ADA ETF have surged, with Bloomberg analysts cited at 100% and Polymarket near 95%, though these are projections rather than guarantees.
• ADA trades around $0.80 within a $0.75–$0.85 band on low volume, with key resistance at $0.83–$0.85 where major moving averages converge and a short-term death-cross risk noted.
• Blockchain tracker Whale Alert recorded a 67.8 million ADA (about $54.3 million) withdrawal from Coinbase to private wallets on September 29, reducing exchange supply.
• Adoption updates include the Cardano Foundation’s six-goal roadmap focused on stablecoin liquidity, DeFi and governance, and a U.S. staking rollout reported by TapTools for eToro, while some analysts warn ADA could revisit sub-$0.30 in 2026 if demand weakens.