Cardano ETF Approval Faces Higher Delay Risks Amid Possible SEC Shutdown Into 2026
The U.S. Securities and Exchange Commission’s (SEC) recent framework to expedite altcoin ETF approvals has boosted expectations that Cardano’s (ADA) ETF could launch before the end of 2025. However, emerging concerns over a potential government shutdown suggest that this timeline may be overly optimistic, with delays potentially pushing approval into 2026. In September, the SEC eliminated the cumbersome 19b-4 filing process and introduced a “generic listing standards” mechanism designed to fast-track altcoin ETF approvals. This restructuring was widely viewed as a positive signal, and market participants, such as those on Polymarket, currently place roughly a 90% probability on the ADA












