Cryptocurrency investing firm Grayscale has officially registered its Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF as statutory trusts in Delaware on August 12, 2025. This move signifies potential future filings for SEC approval of crypto ETFs beyond Bitcoin and Ethereum. The registrations signal a shift towards expanding into altcoin-focused exchange-traded funds (ETFs), potentially increasing market visibility for both Cardano (ADA) and Hedera (HBAR). However, no immediate trading activity or regulatory approvals have been issued. Grayscale is actively pursuing expansion of its investment offerings. The firm’s CEO, Michael Sonnenshein, hasn’t issued official statements regarding these filings, but CSC Delaware Trust Company has been registered as the agent in legal filings. Institutional and retail capital could eventually flow through these trusts to ADA and HBAR, potentially leading to increased exposure for both assets, with further market impact dependent on regulatory approvals. Grayscale has a history of similar trust registrations, such as GBTC and ETHE, that led to heightened market attention after launching. However, current data shows no immediate shifts in token activity. The next step will be regulatory filings and approvals, which are expected to influence future market behavior. While Grayscale’s move marks an important development, the situation should be monitored closely for further updates and potential quotes. Key figures from the crypto world have remained silent so far. Disclaimer: The information presented on The CCPress is meant for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks, and it’s advisable to consult with a qualified financial advisor before making any investment decisions.