Grayscale Expands ETF Ambitions With Cardano and Hedera Filings
We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.
Grayscale has quietly widened its ETF pipeline, registering trusts for Cardano and Hedera in Delaware this week.
While the filings don’t guarantee a market launch, similar registrations have historically preceded formal submissions to the U.S. Securities and Exchange Commission.
Regulators have already acknowledged earlier filings from NYSE Arca and Nasdaq that aim to list Grayscale’s spot ETFs for both assets, signaling that the process is moving forward. The two trusts join an established list of Grayscale’s altcoin products, which already includes Dogecoin, Filecoin, Avalanche, and Bittensor.
In a separate move on Tuesday, the asset manager debuted investment vehicles for DeepBook and Walrus, two projects that underpin trading and data services within the Sui blockchain.
The developments come amid renewed momentum for altcoin-based ETFs in the U.S., as fund issuers look to replicate the runaway success of Bitcoin and Ethereum products – and capitalize on a more receptive mood from Washington toward digital asset markets.
Commentaries 
Fill in necessary fields and publish