3 days ago · The Grayscale ETF structure contains specific features to fulfil regulatory requirements. Coinbase Custody would safely store the Grayscale Cardano Trust’s ADA assets through its cold storage facilities. ... An approved ADA ETF appears likely to transform Cardano’s market position through volatility in its cryptocurrency ranking. Experts ...

3 days ago · Grayscale has submitted an application to the Securities and Exchange Commission for what would be the first-ever spot exchange-traded fund to track the price of ADA, the cryptocurrency of the ...

5 days ago · ADA ranks among the largest crypto assets by market cap, weighing in at $25 billion at press time. The token spiked 1.5% to 71 cents following the Grayscale news.

3 days ago · Cardano's ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S.. ADA jumped to ...

3 days ago · NYSE Arca filed a proposal with the Securities and Exchange Commission (SEC) on February 10, 2025, seeking approval to list and trade shares of the Grayscale Cardano Trust. The proposed ETF, trading under the ticker GADA, would be the first exchange-traded fund in the United States tied to Cardano’s ADA cryptocurrency.

3 days ago · Bloomberg senior ETF analyst Eric Balchunas said the 19b-4 filing on behalf of Grayscale is the "first one in the U.S.," which means Grayscale could potentially be the first issuer of a Cardano ...

3 days ago · Grayscale’s proposed fund would mark the debut of a US spot ETF for Cardano. This filing comes after Tuttle Capital Management submitted a request for ten leveraged crypto ETFs featuring an ADA fund. “First one in US and ballpark 60th crypto ETF filed this year so far,” Bloomberg’s senior ETF analyst, Eric Balchunas, posted on X (formerly Twitter).

4 days ago · NYSE Arca, on behalf of the crypto asset manager Grayscale has filed to launch a Cardano ETF, the firm’s first standalone ADA investment vehicle.

4 days ago · Interest in a Cardano ETF appears to be relatively muted compared to other digital assets. Grayscale’s proposed fund represents the first US spot ETF for Cardano, following Tuttle Capital Management’s earlier filing for ten leveraged crypto ETFs, which included an ADA fund.. The SEC previously classified ADA as a security in …

Jan 28, 2025 · Grayscale has made history by becoming the first to file for a spot Cardano (ADA) exchange-traded fund (ETF), marking the 60th crypto fund application. Cardano is amongst some of the most popular tokens considered to succeed in becoming a spot ETF and stands a solid chance to succeed as the U.S. Securities and Exchange Commission (SEC) shifts ...