đš BREAKING: Grayscale just pulled the plug on 3 major altcoin ETF plans!
Grayscale has reportedly withdrawn its ETF filings for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) with the U.S. SEC.
That means:
â No shares were issued
â No registrations went effective
â $ADA , $HBAR and $DOT
ETF plans are now off the table â at least for now
And this is where things get interesting. đ
Grayscale is one of the biggest names in crypto asset management, so walking away from three altcoin ETF filings at once naturally raises questions.
Is this a simple strategy change?
Is Grayscale waiting for a better regulatory setup?
Or are they quietly preparing something much bigger?
The market will definitely be watching its next move.
Meanwhile, ADA is around $0.1903, and traders are left wondering whether this news creates more pressure or sets the stage for a surprise comeback.
One thing is clear: Grayscale may have closed three doors, but the bigger question is what door they plan to open next. đđ„
Grayscale has reportedly withdrawn its ETF filings for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) with the U.S. SEC.
That means:
â No shares were issued
â No registrations went effective
â $ADA , $HBAR and $DOT
ETF plans are now off the table â at least for now
And this is where things get interesting. đ
Grayscale is one of the biggest names in crypto asset management, so walking away from three altcoin ETF filings at once naturally raises questions.
Is this a simple strategy change?
Is Grayscale waiting for a better regulatory setup?
Or are they quietly preparing something much bigger?
The market will definitely be watching its next move.
Meanwhile, ADA is around $0.1903, and traders are left wondering whether this news creates more pressure or sets the stage for a surprise comeback.
One thing is clear: Grayscale may have closed three doors, but the bigger question is what door they plan to open next. đđ„