Grayscale Files for Polkadot and Cardano Spot ETFs, Expanding Crypto ETF Lineup

Asset manager Grayscale is broadening its offering of cryptocurrency Exchange-Traded Funds (ETFs) with filings for spot ETFs targeting Polkadot and Cardano. The company seeks to launch ETFs tracking the CoinDesk DOT Reference Rate (for Polkadot) and the CoinDesk Cardano Price Index (for Cardano), both on established trading platforms like Nasdaq and NYSE Arca.