Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Next Cardano ETF? Founder Charles Hoskinson sparks controversy
ALTCOIN NEWS

Next Cardano ETF? Founder Charles Hoskinson sparks controversy

By Crypto FlexsJuly 25, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Next Cardano ETF? Founder Charles Hoskinson sparks controversy
Share
Facebook Twitter LinkedIn Pinterest Email
  • Speculation about a Cardano ETF has generated mixed reactions, with ADA’s price dropping 5%.
  • Past data and the upcoming Windows hard fork give rise to optimism about ADA’s future prospects.

Just two days after the Ethereum (ETH) ETF was approved for trading, the Cardano (ADA) ETF is gaining increasing attention.

Is a Cardano ETF Next?

This excitement was fueled by a recent post on X by Tap Tools, a platform for tracking tokens, NFTs, and wallets on the Cardano blockchain.

The post raised a provocative question, sparking speculation and discussion within the cryptocurrency community about the potential implications for ADA in light of recent regulatory developments. It asked:

“Is the $ADA ETF next?”

Hoskinson’s response

Cardano founder Charles Hoskinson responded with a GIF featuring superheroes, captioned:

“Okay. I’ll do it myself.”

Hoskinson’s direct involvement in this conversation only fueled further speculation within the ADA community.

Contrary to expectations of widespread excitement, some were disappointed. Emphasizing this sentiment, an X user with the handle Batman said:

“We don’t want a Cardano ETF.”

Impact on ADA Price

According to CoinMarketCap, the price of ADA did not react positively to the news either, falling more than 5% in the last 24 hours.

This trend is further confirmed by the Relative Strength Index (RSI), which remains below the neutral threshold of 44, indicating bearish sentiment.

ADA- TradingView

Source: TradingView

Additionally, the converging Bollinger Bands suggest that volatility has decreased, indicating that the current downtrend may continue.

However, AMBCrypto’s analysis of IntoTheBlock data shows that the ADA market is fairly balanced, with no clear bull or bear dominance.

ADA- Bulls and BearsADA- Bulls and Bears

Source: IntoTheBlock

Will the Windows Hard Fork Update Cause Price Fluctuations?

Amid recent events, there is growing anticipation for the upcoming Chang hard fork, which is expected to drive up the value of ADA.

Historical data further supports this optimism: during the previous Alonzo hard fork in August 2021, ADA surged 130% from $1.35 to $3.10.

The community now expects similar returns to come with the Chang upgrade and the potential introduction of the ADA ETF.

Speaking of which, Ripple CEO Brad Garlinghouse already predicted a Cardano ETF when he said:

“I think it’s just a matter of time, there’s bound to be an XRP ETF, there’s bound to be a Solana ETF, there’s bound to be a Cardano ETF. That’s a really good thing.”

Next: Is Bitcoin a Strategic Reserve for the US? How Will This Affect the BTC Market?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

Shamir’s Secret Sharing (SSS) for secure quantum data storage

October 25, 2025

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

RIVER Gains 5x Following Binance Perp Listing, Supported By Time-Encoded Airdrop Conversion

October 24, 2025

HYPE price is targeting a 54% rise with a breakout of the falling wedge.

October 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025
Most Popular

SingularityNET (AGIX) reports major developments in the first half of 2024

September 30, 2024

Ethereum staking has reached a historic milestone as the ETH price barrel surpassed $2,400.

February 9, 2024

BitMex stops optional trading until April 2025

March 18, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.