Analysis: Cardano (ADA) ETF approval might be delayed until 2026

Due to a limited employee presence during a government shutdown, the SEC may delay considering the Cardano (ADA) ETF until 2026. While traders on Polymarket predict a 90% chance of approval by 2025, significant operational constraints could impact this optimism.

With a 36% likelihood of a month-long government shutdown, the SEC’s ability to advance pending crypto ETFs, including Cardano’s, is jeopardized. The market suggests there’s a higher possibility of delays than what traders appear to be acknowledging.

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