Follow UsGrayscale quietly drops Cardano, Polkadot and Hedera ETF plans
Bearish-25.78%
10 Aug, 15:02
Source: CoinDesk
AI Summary
Grayscale has withdrawn ETF filing plans for Cardano, Polkadot, and Hedera, removing a potential catalyst for institutional adoption and price appreciation.
The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold.