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Grayscale Files for Cardano (ADA) and Hedera (HBAR) ETFs, Prices Surge

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Asset manager Grayscale files for new trusts for Cardano (ADA) and Hedera (HBAR), signaling potential new spot ETFs.
  • Grayscale registers Cardano and Hedera trusts, signaling possible spot ETF launches.
  • ADA and HBAR prices rise after ETF-related filings boost market sentiment.
  • Both tokens show historical volatility but maintain strong 2024–2025 price support.

Grayscale Investments just took the first major step toward launching new spot ETFs for Cardano (ADA) and Hedera (HBAR). The asset management giant has filed for two new legal trusts in Delaware, a move that historically precedes a formal ETF application with the U.S. Securities and Exchange Commission (SEC).

These filings on August 12 for the “Grayscale Cardano Trust ETF” and “Grayscale Hedera Trust ETF” follow a familiar pattern for the company. Grayscale has used this same trust registration process for other altcoins like Dogecoin and Filecoin before submitting it…

The post Grayscale Files for Cardano (ADA) and Hedera (HBAR) ETFs, Prices Surge appeared first on Coin Edition.

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