Cardano, Bitcoin on a Collision Course: What This Means, Imapct On ADA Price
The post Cardano, Bitcoin on a Collision Course: What This Means, Imapct On ADA Price appeared on BitcoinEthereumNews.com.
Cryptocurrency analyst Dan Gambardello discusses Cardano’s potential integration with Bitcoin through treasury proposals and ETF developments. The analyst examines how Bitcoin DeFi opportunities could attract institutional liquidity while maintaining long-term bullish perspective on ADA price action. Cardano ETF Approval Odds Climb Amid Institutional Momentum Dan Gambardello indicates Cardano’s ETF approval probabilities increase from 41% on Jun 8th to 70% today, with recent highs of 78% approval probability. Bloomberg provides 90% approval probabilities for ADA ETF approval in 2025, along with other leading cryptocurrencies such as Dogecoin, Polkadot, and Avalanche. Source: Altcoin ETF approval odds from Ted A number of altcoins have spot ETF filings in the works with positive approval probabilities this year. Litecoin, Solana, and XRP have 95% approval probabilities, and Doge, ADA, DOT, and AVAX have 90% approval probabilities for 2025. SUI and TRX even appear in the pipeline for potential ETF products. Most of the approvals of ETFs would start to emerge between Q3 and Q4 of 2025, introducing institutional flows, new investor access, and regulatory legitimacy to approved cryptos. Gambardello continues that this is along the same trend that started Bitcoin’s rally after BTC ETF approval. The analyst stated: “These moves are actually very important on the macro in terms of the bigger picture, the thesis.” Recent developments include the Senate passing stablecoin legislation, the sitting president endorsing digital assets as the future, and JPMorgan plus DTCC meeting with crypto task forces on tokenization. Treasury Proposal Targets Bitcoin DeFi Integration Strategy Gambardello presents a Cardano treasury proposal to exchange around $100 million of ADA into Bitcoin and stablecoins for yield generation. The plan is to invest money in between Cardano-native stablecoins and Bitcoin equally, and generated yields to be used in buying more ADA and donating it to the treasury. Andrew of Bitcoin OS, content lead,…
