Grayscale Files for Cardano ETF and Polkadot Product, Could Expand Regulated ADA Exposure
The post Grayscale Files for Cardano ETF and Polkadot Product, Could Expand Regulated ADA Exposure appeared on BitcoinEthereumNews.com.
Cardano and Polkadot ETFs are spot, spot-backed exchange-traded funds filed by Grayscale to hold ADA and DOT directly, offering regulated, custody-secured exposure via Coinbase Custody while tracking CoinDesk reference rates; SEC approval remains pending amid uneven review timelines. Grayscale filed S-1 registrations for spot Cardano (GADA) and Polkadot (DOT) ETFs to provide direct ADA and DOT exposure. Both funds are designed as passive, spot-backed ETFs with Coinbase Custody as custodian and will track CoinDesk reference indices. SEC review timelines remain unclear; other issuers and meme coin filings illustrate inconsistent regulatory prioritization. Cardano and Polkadot ETFs: Grayscale files spot ADA (GADA) and DOT ETFs secured by Coinbase Custody. Stay updated on SEC approval timelines with COINOTAG coverage. Grayscale has filed registration statements with the SEC for spot Cardano and Polkadot ETFs, signaling a strategic push beyond Bitcoin and Ethereum as investor demand for regulated altcoin exposure grows. Grayscale announced new S-1 filings for two spot exchange-traded funds designed to hold ADA and DOT directly. The Cardano product will list under ticker GADA on NYSE Arca and the Polkadot product is planned to trade on Nasdaq under ticker DOT. Both funds are structured to track CoinDesk reference indices without using leverage or derivatives. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); The Cardano and Polkadot ETFs are spot-backed, passively managed funds that will hold ADA and DOT in custody with Coinbase…
Filed under: News - @ August 30, 2025 5:28 pm