Thanks to my friends for the reminders; $ADA ’s rise should be due to increased expectations for the ETF.

CME’s ADA futures started trading on February 9 and will reach the 6-month continuous trading milestone on August 9, which is expected to satisfy one of the key conditions in the general listing standards for U.S. commodity-type spot ETPs.

Currently, Grayscale has submitted an application related to a Cardano Trust ETF.