Tuttle Capital has filed for a 2X Cardano Leverage ETF, which would double Cardano's daily performance. This could attract traders looking to profit from volatility but also comes with increased risks. The launch of a leveraged ETF may make Cardano more accessible to institutional and individual investors, but it does not directly affect Cardano's ecosystem development or network strength. Leverage ETFs are based on synthetic exposure, which could lead to short-term speculation and increased volatility without strengthening Cardano's foundation. ADA's price has been consolidating around $0.97, with $0.88 serving as crucial support. If support levels are not maintained, a more significant correction could occur.



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