Hoskinson Fires Back at Ark Invest Manager Over Cardano Market Impact
Cardano's CEO Charles Hoskinson responded to criticism from Ark Invest manager Lorenzo Valente. Valente argued that Cardano's continued prominence in 2026 would undermine market trust.
Ark Invest included $ADA (Live) in its January 2026 CoinDesk 20 ETF application. The Cardano community is now watching the August 9, 2026 observation period end for ETF approval processes.