Grayscale Files for ADA & DOT ETFs, Aiming for August 2025 Launch

Grayscale Investments has submitted updated S-1 registration statements to the SEC, seeking approval for exchange-traded funds (ETFs) focused on Cardano (ADA) and Polkadot (DOT). These filings, targeting a launch in August 2025 through Nasdaq and NYSE Arca, mark another step toward institutional crypto adoption. The ETFs are expected to offer regulated access to altcoins for investors seeking diversification in their portfolios.