Usman Salis
Cardano (ADA) just hit an important milestone—it's back in the Hashdex NASDAQ Crypto Index U.S. ETF. After being dropped due to regulatory worries, ADA's return suggests that institutional attitudes are shifting. Some are even wondering if a standalone Cardano ETF might be next.
ADA's Return to the ETF
According to a recent update from Cardanians (CRDN), Cardano's inclusion signals fresh confidence in the token. ADA was previously cut from the fund because of U.S. regulatory uncertainty, but its comeback shows that things are becoming clearer. Fund managers now seem more comfortable offering institutional investors exposure to Cardano.
Looking at the ADA/USD chart, there are some interesting technical signals worth noting. ADA is currently trading around $0.85–$0.90, having climbed back above its 50-day moving average. There's solid support sitting at $0.75, where buyers have consistently stepped in during pullbacks. The next hurdle is the $0.90–$0.95 zone, which is acting as resistance right now. If ADA can push through this level convincingly, it could make a run toward $1.00. Meanwhile, the RSI has bounced back from oversold territory, and volume is picking up—signs that more traders are getting involved. The technical setup looks bullish, but ADA needs to clear those resistance levels before things really take off.
What This Means for Investors
Cardano's return to the Hashdex ETF isn't just symbolic—it has real implications:
- Institutional Confidence: It boosts ADA's credibility in traditional finance circles
- Easier Access: Investors who prefer regulated products can now get exposure to ADA through an ETF instead of buying crypto directly
- Future Possibilities: If interest keeps growing, we could see a dedicated ADA ETF similar to what happened with Bitcoin and Ethereum
Cardano's reinstatement in the Hashdex NASDAQ Crypto Index ETF marks a turning point for the project. It's gaining visibility and institutional legitimacy at a time when the price is testing important resistance levels. A breakout above $0.90–$1.00 could spark a stronger rally. With institutional doors opening again and speculation building around a potential ADA-only ETF, Cardano might be entering one of its most significant growth phases yet.
Usman Salis
