Cryptocurrency10 Aug 2026SEO 801 min read

Analysis: Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans

The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Grayscale asked the SE…

The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Grayscale asked the SEC to withdraw proposed Cardano, Polkadot and Hedera ETF registrations in three filings submitted within four minutes late Friday. The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. The withdrawals were sponsor-initiated, not SEC rejections. Grayscale gav…

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AnalysisGrayscalequietlydropsCardanoPolkadotandHedera