Grayscale Drops Plans for Cardano, Polkadot and Hedera ETFs
Asset manager Grayscale has withdrawn its proposed exchange-traded funds targeting Cardano, Polkadot, and Hedera.
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Marcus Webb · Crypto Desk · 14 Aug 2026 · 1 min read
Grayscale has quietly dropped its plans to launch exchange-traded funds tied to Cardano, Polkadot, and Hedera.
The asset manager stated that it no longer intends to proceed with the proposed offerings. According to the company, none of the filings became effective, and no securities were issued or sold in connection with the planned funds.
This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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