Grayscale Investments has officially filed an application with the New York Stock Exchange (NYSE) for a spot Cardano (ADA) exchange-traded fund (ETF).
Grayscale Seeks SEC Approval for Cardano ETF
NYSE Arca, a subsidiary of the NYSE, submitted a 19b-4 form to the U.S. Securities and Exchange Commission (SEC) on Monday, proposing a rule change to facilitate the listing and trading of the Grayscale Cardano Trust under the ticker symbol „GADA.”
The ETF would provide investors with direct exposure to Cardano, currently the ninth-largest cryptocurrency by market capitalization. Sponsored by Grayscale Operating, LLC and Grayscale Investments Sponsors, LLC, the trust would hold ADA directly, with each share representing proportional ownership of the underlying asset.
Expanding Crypto ETF Offerings
Grayscale’s latest filing marks a significant expansion of its ETF portfolio, following recent applications for Solana (SOL), XRP, and Litecoin (LTC) ETFs. The company has previously s
We współpracy z: https://cryptodaily.co.uk/2025/02/grayscale-files-for-spot-cardano-etf-with-nyse
