$1.89T Asset Manager Snubs Cardano from Multi-Crypto Active Spot ETF

A major asset manager has left Cardano out of its first multi-crypto active spot ETF. This decision was made by $1.89T asset manager, which did not specify why it excluded $ADA from the fund. The company's move is notable as it marks a significant development in the crypto space. The ETF will invest in several cryptocurrencies, including BTC, but Cardano is notably absent.