Cardano ETF Approval Odds Hit 92% as SEC Deadline Looms

Cardano is having its moment. After watching Bitcoin and Ethereum get their ETF approvals, ADA holders are now staring at a 92% probability that their turn is next. The numbers don't lie - prediction markets are practically screaming that a Cardano ETF is inevitable, and the SEC's October 26 deadline is fast approaching. This isn't just wishful thinking anymore; it's becoming market consensus.

Why Everyone's Betting on Approval

The confidence surge isn't coming from nowhere. Bitcoin and Ethereum already broke down the regulatory walls, giving the SEC a clear playbook for crypto ETFs. Cardano brings serious credentials to the table - one of crypto's most active developer communities, a growing DeFi ecosystem, and the kind of institutional-grade infrastructure that regulators actually like to see. Plus, there's massive institutional demand for compliant ADA exposure that an ETF would satisfy overnight.

What Happens Next

October 26th is the day that matters. If the SEC says yes, we're likely looking at the same kind of capital rush that Bitcoin saw after its ETF launched. The big question isn't whether approval will move ADA's price - it's whether all this optimism has already been baked in or if there's still room to run.

For Cardano, this represents more than just another financial product. An ETF approval would cement ADA's place in the institutional crypto conversation and potentially kick off the next wave of altcoin ETF approvals. The market is betting it happens. In less than a month, we'll know if they're right.