Grayscale withdraws ETF applications for Cardano, Polkadot, and Hedera

Grayscale withdraws its applications for ETFs on Cardano (ADA), Polkadot (DOT), and Hedera (HBAR).

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The fact

The asset manager pulls its filings with the SEC after struggling to gain approval.

This move signals a setback for crypto ETF adoption in the United States.

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Auto-synthesis from 1 media source · identified on August 10, 2026