Grayscale Seeks Approval for Polkadot & Cardano ETFs, Market Eyeing Diversification

Grayscale Investments has submitted an S-1 registration to the SEC for new exchange-traded funds (ETFs) focused on Polkadot (DOT) and Cardano (ADA). This move signifies Grayscale’s continued effort to offer diversified crypto investment products to both retail and institutional investors. The filings build upon prior 19b-4 registrations and show a growing interest in multi-chain solutions beyond the traditional giants like Bitcoin and Ethereum.