Grayscale and NYSE Arca plan to launch first standalone Cardano ETF, providing exposure to ADA

From Cointelegraph
February 10, 2025 7:44:15 pm:

NYSE Arca has filed a request to launch the first standalone Cardano ETF for Grayscale.

Grayscale’s Cardano Trust would be the first ETF product focused solely on Cardano.

The proposed ETF would provide exposure to Cardano (ADA) for institutional investors.

The Cardano Trust will give investors a new way to gain exposure to the cryptocurrency market.

Grayscale continues to expand its offerings in the cryptocurrency space with the Cardano ETF proposal.

Read more at Cointelegraph: Grayscale, NYSE Arca file to launch US-based spot Cardano ETF