The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold.
Grayscale Investments has quietly withdrawn the registration statements for three proposed altcoin ETFs targeting Cardano (ADA), Hedera (HBAR), and Polkadot (DOT). The prices of ADA and other altcoins plunged by 2% after the crypto asset manager pulled the plug, providing no detailed explanation. Ad Ad Grayscale Files with US SEC to Remove Cardano, Hedera, and
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