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via crypto.news · By crypto.news Editorial
Grayscale quietly killed three altcoin ETFs two days before Cardano became eligible
ADA
ADA/USDT
$0.1771
-1.39%
$0.1771
-1.39%
(24s)24h Volume
$79,611,038.96
24h H/L
$0.1802 / $0.1758
Change: $0.004400 (2.50%)
Long/Short
67.2%
Long: 67.2%Short: 32.8%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CE
crypto.news Editorial(05:03 AM UTC)
1 min read
Grayscale withdrew its Cardano, Polkadot, and Hedera ETF registrations in under four minutes on August 7, exactly two days before ADA cleared the SEC seasoning threshold. With Bitwise and Canary still in the race, the retreat says more about the economics of altcoin ETFs than about Cardano itself.
Summary
- Grayscale filed three Form RW withdrawals with…
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