Cardano has picked up a new wave of visibility after Bitwise shifted its Bitwise 10 Crypto Index ETF (BITW) to NYSE Arca. The move places ADA inside a regulated Wall Street product with national exchange reach, putting it beside the ten largest cryptocurrencies.
Cardano. Engineering a more sustainable and scalable crypto ecosystem.
Now in the Bitwise 10 Crypto Index ETF (NYSE: BITW). pic.twitter.com/ByiIcqEQ8j
— Bitwise (@BitwiseInvest) December 9, 2025
This change opens the door for more traditional investors. It gives Cardano a stronger place in institutional portfolios at a time when interest in digital assets is spreading across financial markets.
ADA holds a 0.65% share of the index. It’s a small slice, but its inclusion next to Bitcoin, Ethereum, Solana, and XRP means investors can now gain exposure to ADA through a regular brokerage account. They don’t need to deal with crypto wallets or on-chain transfers.
Bitwise says the index tracks the largest and most established digital assets. The fund updates every month, reviewing liquidity, custody standards, and regulatory screens before deciding which tokens stay in or fall out.
Cardano’s price has also edged higher over the past 24 hours. CoinGecko data shows ADA trading near $0.4254, up about +6.3% on the day.
Cardano spent the past day moving inside a narrow band, trading between $0.4111 and $0.4540. Buyers stepped in near $0.41 to hold the floor, but sellers blocked every attempt to push past the $0.45 area.
DISCOVER: Best New Cryptocurrencies to Invest in 2025
Is Cardano at Risk of Breaking Its Key Support as Analysts Warn of New Lows?
The pressure on ADA is building again. A well-followed market analyst warned that “new lows [are] incoming for ADA” and shared a chart pointing to a weakening structure.
The chart shows the coin still locked in a steady downtrend that has stretched across several months. Each bounce has formed a lower high, and each pullback has driven price into lower lows.
The latest 12-hour candles show a short attempt to recover from the early-December dip near the $0.39 support zone. But the move faded fast. The analyst summed up the mood in a blunt caution: “New lows incoming for ADA.” His view adds to the concern that the market may not be finished sliding yet.
The chart also highlights a firm rejection just under $0.46, where sellers stepped back in and pushed the market down again.
The latest move keeps ADA on the back foot and shows that buyers still can’t push past short-term resistance.
The horizontal line on the chart highlights a support level that has held several times, but the analyst’s warning suggests that this zone is now under pressure.
If price slips below this line, the downtrend could continue and make room for a deeper drop. Momentum also remains weak, with no clear sign of a reversal forming on the chart.
DISCOVER: 9+ Best Memecoin to Buy in 2025
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
