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Cardano founder Charles Hoskinson rebukes Ark Invest director's biased criticism of Cardano.

Market News
25 Jul 2026
UToday
View Source
Neutral
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Charles Hoskinson, founder of Cardano, responded strongly to criticism from Lorenzo Valente, Ark Invest's Director of Research, who questioned Cardano's relevance in the crypto industry. Valente criticized the continued attention Cardano receives, suggesting it harms the sector's credibility. Hoskinson dismissed these remarks as biased and unrepresentative of Ark Invest's official stance, noting that Cardano is still included in Ark Invest's cryptocurrency ETF filings. This exchange highlights ongoing debates about Cardano's position in the market as it awaits potential U.S. spot ETF approval later in 2026.

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