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Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans

CryptoInfo Editorial Team  ·  Published on August 10, 2026 at 15:02  ·  Updated on August 10, 2026  ·  1 min read

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Key Takeaways

  • Grayscale will no longer proceed with Cardano, Polkadot, and Hedera ETF plans.
  • None of the dropped ETF offerings became effective.
  • No securities were issued or sold as a result of the terminated plans.
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Grayscale, an asset manager, has announced that it will no longer pursue plans to launch exchange-traded funds (ETFs) based on Cardano, Polkadot, and Hedera, as reported by CoinDesk.

The decision means that none of these offerings will become effective, and no securities were issued or sold as a result of the terminated plans.

Grayscale's decision to drop these ETF plans does not affect other existing products or services offered by the company.

Source: CoinDesk ↗