Grayscale Withdraws Cardano, Hedera and Polkadot ETF Filings
Grayscale withdrew its proposed spot ETFs for Cardano, Hedera and Polkadot on Aug. 7, filing all three withdrawal requests with the SEC within 190 seconds of each other: 4:33:37 p.m. ET for the Cardano trust, 4:34:55 p.m. for Hedera, 4:36:47 p.m. for Polkadot.
Read More...Breaking: Grayscale Withdraws Cardano, Hedera and Polkadot ETF Filings
Grayscale Investments has quietly withdrawn the registration statements for three proposed altcoin ETFs targeting Cardano (ADA), Hedera (HBAR), and Polkadot (DOT). The prices of ADA and other altcoins plunged by 2% after the crypto asset manager pulled the plug, providing no detailed explanation.
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