Grayscale is one of the largest digital asset managers with $15.9 billion AUM and is moving for approval for Cardano (ADA) and XRP exchange-traded funds (ETFs). With regulatory approval in the pipeline, the possibility of these ETFs debuting soon is becoming more realistic. This news could lead to an uptick in the price of these tokens, as seen when the Bitcoin ETF debuted.
However, while Cardano and XRP’s ETFs are still under consideration, another digital token is attracting interest from institutional and retail investors — WallitIQ (WLTQ). The AI-powered crypto wallet and investment platform is in the news for its advanced AI-driven trading strategies, superior security, and impressive presale performance.
According to Grayscale on X, the asset management company has filed an updated S-3 registration statement for its Digital Large Cap ETF (GDLC). The GDLC ETF aims to provide crypto exposure for its tokens, including Bitcoin (BTC), Ethereum, XRP, Solana, and Cardano.
As part of the approval process, NYSE Arca submitted a 19b-4 application in October 2024 to list GDLC, with the SEC set to decide by July 2. With this, Cardano and XRP ETFs could open the floodgates for institutional investments, driving up liquidity and market stability if approved.
Meanwhile, co-founder of ETF Institute Nate Geraci sees a high likelihood of index-based crypto ETFs emerging before year-end. If approved, GDLC’s conversion from a private fund to a public ETF would improve accessibility for retail and institutional investors.
Despite the news, XRP and Cardano showed little price reaction as the market gears up for upcoming trade tariffs. Cardano is trading at $0.6693, a 1.0% drop in the past day, reflecting a 34% drop in the past month. Similarly, XRP is trading at 2.11, a 0.7% drop in the past day and a 21.8% drop in the past month.
While Cardano and XRP ETFs are closer to regulatory approval, WallitIQ (WLTQ) is leading the race in attracting institutional investments. Unlike traditional crypto projects, this project uses advanced AI-driven technology to power trading decisions, minimize risks, and maximize profitability.
Recent downtime wiped out billions in the market, affecting major assets such as Bitcoin and Ethereum. However, WallitIQ (WLTQ) has defied the odds, maintaining investor interest and demonstrating resilience. Analysts attribute this to the platform’s innovative AI-driven features, which include market trend analysis, risk assessment tools, and automated trading strategies.
WallitIQ’s (WLTQ) empowers users to trade effectively despite extreme volatility. The platform’s AI-powered analytics help users identify profitable opportunities even during bearish conditions. This resilience makes the project a top choice among investors seeking long-term gains.
Additionally, institutions care about where they invest funds, and security is one of their concerns. WallitIQ (WLTQ) excels here as it recently underwent a smart contract audit by SolidProof. This cements the project’s commitment to transparency and user protection. Moreover, anomaly detection, biometric authentication, and motion-sensitive security measures allow this platform to set new standards for crypto wallet safety.
WallitIQ’s (WLTQ) mobile app is also one of the top reasons for its bullish narrative. The app integrates real-time price tracking through CoinGecko, interactive candlestick charts, and a transaction simulation feature that allows users to practice crypto trading in a risk-free environment. Including an AI chatbot further improves the user experience by providing intelligent recommendations based on real-time market data.
WallitIQ (WLTQ) has shown exceptional growth potential. The project’s presale has already witnessed a significant influx of investors, with early adopters securing gains of over 200%. The presale is selling faster among Institutional investors, outpacing retailers. Meanwhile, the current price of $0.0420 serves as a juicy entry as the price is set to surge in days.
While Grayscale’s push for ADA and XRP ETFs is a major milestone for the industry, WallitIQ (WLTQ) is already making an impact with institutional interest. Its AI-driven investment tools, robust security measures, and up to 180 APY staking rewards make it a leading project in the current market.
Investors seeking high returns and long-term stability should invest now at a low entry price of $0.420, as analysts project a 7000% run in the second quarter of 2025.
