Cardano ADA: Grayscale’s ETF Expansion Signals Bullish Momentum

Grayscale Investments has taken a significant step toward broadening its cryptocurrency ETF portfolio by registering statutory trusts for Cardano (ADA) and Hedera (HBAR) in Delaware. The August 12 filings signal potential spot ETF proposals, following the firm's established pattern of using Delaware entities as precursors to SEC filings. The SEC had already acknowledged 19b-4 forms for both assets earlier in 2025, indicating a growing institutional interest in these cryptocurrencies. This move by Grayscale, a leading digital asset manager, underscores the increasing mainstream adoption of Cardano and Hedera, potentially paving the way for more robust market liquidity and investor confidence. The development is particularly bullish for Cardano (ADA), as it highlights the asset's growing prominence in the crypto ecosystem. With Grayscale's track record of successful ETF conversions, this filing could be a precursor to significant price appreciation for ADA in the coming months. The crypto community is eagerly watching for further updates, as this could mark a pivotal moment for Cardano's market trajectory.

Grayscale Expands Crypto ETF Offerings with Cardano and Hedera Trust Filings

Grayscale Investments has taken a significant step toward broadening its cryptocurrency ETF portfolio by registering statutory trusts for Cardano (ADA) and Hedera (HBAR) in Delaware. The August 12 filings signal potential spot ETF proposals, following the firm's established pattern of using Delaware entities as precursors to SEC filings.

The SEC had already acknowledged 19b-4 forms for both assets earlier in 2025, marking the preliminary stage of regulatory review. While approval remains uncertain, these developments reflect growing institutional interest in altcoin investment vehicles beyond Bitcoin and Ethereum.

Market observers note Grayscale's strategic expansion mirrors the evolving crypto landscape, where established altcoins gain traction among institutional investors. The filings arrive as regulatory clarity around non-BTC/ETH products gradually emerges.

Grayscale Registers Cardano and Hedera ETFs

Grayscale has expanded its cryptocurrency investment products by filing for cardano and Hedera Trust ETFs in Delaware. The August 12, 2025 registration signals potential spot ETF launches for both assets, pending regulatory approval.

The move demonstrates Grayscale's strategy to diversify beyond Bitcoin and ethereum offerings. Institutional investors now have access to a broader range of digital asset exposure through regulated financial instruments.

This development reflects growing institutional demand for altcoin investment vehicles. Market participants view the filings as a bullish indicator for ADA and HBAR adoption among traditional finance players.

Grayscale Registers Cardano, Hedera Trusts in Delaware as Precursor to ETF Filings

Grayscale Investments has taken a strategic step toward expanding its cryptocurrency offerings by registering the Grayscale Cardano Trust and Grayscale Hedera Trust in Delaware. These filings, spotted on Delaware's official website, typically precede formal submissions to the SEC—signaling institutional confidence in these altcoins despite regulatory uncertainties.

The MOVE follows earlier SEC acknowledgments of related filings for spot ETFs. While not yet approved for public trading, these trusts provide accredited investors with indirect exposure to Cardano's research-driven blockchain and Hedera's enterprise-grade hashgraph technology—both positioned as long-term growth plays in the evolving digital asset landscape.

Market observers note this reflects Grayscale's calculated strategy to diversify its institutional product suite. The SEC's cautious stance on crypto ETFs remains a hurdle, but these registrations demonstrate growing infrastructure support for altcoins beyond bitcoin and Ethereum.

Cardano Whales Accumulate $157M Amid Surging ETF Approval Odds

Cardano's ADA token has drawn significant whale activity, with $157 million worth of accumulation in 48 hours. Large holders now control 10.3% of total supply, mirroring patterns seen before ADA's 2021 rally.

ETF approval probability jumped to 75% on Polymarket, up from 60% previously. Institutional interest grows as Bloomberg analysts align with these revised odds. A potential ETF could unlock pension fund and hedge fund participation in Cardano markets.

ADA currently tests key resistance at $0.82-$0.83 after consolidating NEAR $0.78. The asset maintains strong support at $0.70, with technical indicators suggesting room for upward movement as RSI remains neutral.