Grayscale Registers Cardano & Hedera Trust ETFs in Delaware

Grayscale Investments has filed registration for Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF with the Delaware Department of State. This move, commonly a precursor to SEC filings for S-1 applications, follows the Securities and Exchange Commission’s (SEC) acknowledgment of these trust forms earlier this year. The registrations signal Grayscale’s confidence in the potential of institutional investors to drive demand for these altcoin assets.