Bitcoin News Today: Grayscale Files for Cardano and Hedera Trusts in Delaware ETF Push

Grayscale Investments has filed for the registration of Cardano (ADA) and Hedera (HBAR) trusts in Delaware, a critical first step toward potential approval of spot ETFs for the altcoins [1]. The move extends Grayscale’s investment offerings beyond its well-known Bitcoin and Ethereum products, signaling a broader acceptance of alternative cryptocurrencies among institutional and accredited investors [1]. The trusts allow investors to gain exposure to ADA and HBAR without the complexities of managing digital wallets or navigating crypto exchanges [1].

If the U.S. Securities and Exchange Commission (SEC) approves the ETFs, investing in Cardano and Hedera could become as straightforward as buying stocks [1]. This would make it easier for individuals who are unfamiliar with or hesitant about the technical aspects of crypto to participate in the market [1]. The approach aligns with recent regulatory developments, as the SEC has shown openness to Bitcoin and Ethereum ETFs, encouraging other firms to pursue similar opportunities [1].

Grayscale is not alone in this effort. Companies such as WisdomTree and Bitwise are also in the process of seeking SEC approval for their own altcoin ETFs, including the WisdomTree Polkadot ETF and the Bitwise Hedera ETF, with a decision expected as early as the fourth quarter of 2025 [2]. These developments point to a growing industry consensus that altcoins—despite their relative complexity and volatility—can play a role in a diversified investment portfolio [1].

Cardano, which emphasizes academic research and scalability, and Hedera, which uses a hashgraph consensus mechanism, both offer unique technological advantages [1]. Grayscale’s decision to include these assets in its portfolio highlights its confidence in their potential for enterprise adoption and long-term growth [1].

Despite the promise, the regulatory path remains uncertain. The SEC has historically been cautious about approving spot ETFs for altcoins, and no definitive timeline exists for approval [1]. Additionally, while both Cardano and Hedera have shown recent technical gains—such as Cardano’s alignment with the BlockDAG model—these developments do not guarantee future performance [3]. Investors are therefore advised to approach with care, recognizing the volatility inherent in crypto markets.

The filing of the Cardano and Hedera trusts represents a meaningful step toward mainstream adoption of digital assets. By offering regulated investment vehicles, Grayscale is helping to bridge the gap between traditional finance and the crypto ecosystem [1]. As the landscape continues to evolve, the approval of these ETFs could make crypto investing more accessible, secure, and familiar to a broader audience [1].

Source:

[1] Grayscale Cardano Hedera ETFs: Unveiling a Momentous Step for Digital Asset Investment (https://coinmarketcap.com/community/articles/689bbcd9f5c8bb5c385fcbf6/)

[2] Crypto ETFs You Can't Ignore In 2025—Beyond Bitcoin & ... (https://blockchainmagazine.net/crypto-etfs-you-cant-ignore-in-2025/)

[3] Cardano and Hedera Climb on Technical Gains BlockDAG ... (https://www.ainvest.com/news/cardano-hedera-climb-technical-gains-blockdag-surges-1625-pre-launch-2508/)