Cardano joins 21Shares FTSE Crypto ETFs as price movements signal potential rise to $0.70

Cardano has recently gained institutional exposure as 21Shares decided to add ADA to its FTSE Crypto 10 Index ETFs. This move has garnered attention from analysts who are closely monitoring key technical levels and short-term buying opportunities that are shaping the token’s market dynamics.

The decision by 21Shares to include Cardano in two of its ETFs, the FTSE Crypto 10 Index ETF (TTOP) and the FTSE Crypto 10 ex-Bitcoin Index ETF (TXBC), has expanded the accessibility of ADA for traditional investors through regulated, index-based investment vehicles.

The FTSE Crypto 10 Index comprises various cryptocurrencies, with ADA holding a 0.71% weight as of October 31, 2025. Notably, Bitcoin and Ethereum carry more substantial weights in the index, whereas other constituents include Binance Coin, XRP, Solana, Dogecoin, Hyperliquid, Chainlink, and Sui. The TTOP ETF tracks the ten largest crypto assets, while the TXBC ETF omits Bitcoin from its basket, adjusting the weights across the remaining assets accordingly.

Analysts have highlighted a critical support level for Cardano at $0.50 that will determine the token’s potential recovery towards $0.70. Charts indicate a consolidation zone between $0.55 and $0.60, which has historically served as both support and resistance levels. Maintaining this range could propel ADA towards the $0.70 mark, aligning with a historical mid-range ceiling identified in previous months. Conversely, a close below $0.50 would disrupt the bullish momentum, leading to potential losses towards earlier lows. The price action around this key threshold will be pivotal in determining the near-term trend for ADA.

Recent market movements have seen Cardano rebound off a buy wall, with sellers congregating below the $0.63 mark, creating resistance levels that bulls need to overcome with increased volume. The order book reveals multiple sell walls beneath $0.63, presenting obstacles that buyers must navigate to sustain the recovery momentum. Successful breach of these resistance zones could drive ADA to challenge each sell wall sequentially, while a rejection might prompt a retest of the buy wall for additional support.

In conclusion, Cardano’s inclusion in 21Shares’ FTSE Crypto 10 Index ETFs has brought the cryptocurrency to the forefront of institutional investments. As ADA navigates key technical levels and market dynamics, investors and analysts alike will closely observe its performance around the $0.50 support level and its potential path towards the $0.70 target.