The post Grayscale Submits S-1 Filing for Cardano ETF, ADA Community Reacts appeared on BitcoinEthereumNews.com. As reported by Wu Blockchain, Grayscale has filed an S-1 registration with the SEC to launch a Cardano (ADA) ETF, following up on its previously submitted 19b-4 filing. Earlier this month, the Grayscale Cardano Trust ETF was added to Delaware’s official registration portal, a move that usually preceded S-1 filings in the past. Cardanians, a Cardano-focused X community account, highlighted the latest development in a recent tweet. JUST IN: 🇺🇸 Grayscale has submitted an S-1 filing to the SEC for a Cardano $ADA Trust ETF 🚨 The S-1 is the official registration that explains how the Cardano ETF would work. With both filings in, Grayscale seems prepared and likely counting on SEC approval. pic.twitter.com/NfV3HHD9YF — Cardanians (CRDN) (@Cardanians_io) August 30, 2025 According to Cardanians, the S-1 is the official registration that explains how the Cardano ETF would work. You Might Also Like The filing reveals the Cardano ETF’s planned ticker to be GADA on NYSE Arca. The custody would be handled by the Coinbase Custody platform, and it would track ADA’s price using the CoinDesk Cardano Index (ADX). Shares would be issued in blocks of 10,000 and may enable ADA staking for rewards in the future. Countdown to SEC deadline begins The SEC acknowledged NYSE Arca’s 19b-4 form for Grayscale’s spot Cardano ETF earlier this year; Cardanians added that with the S-1 and 19b-4 filings in, Grayscale seems prepared and likely counting on SEC approval. You Might Also Like The SEC’s decision on the Cardano exchange-traded fund (ETF) is expected in late October 2025, with Oct. 26 hinted at as a likely date. The Cardano community has begun a countdown to the SEC’s deadline, which might either approve or deny the Grayscale Cardano ETF, potentially placing ADA in a vehicle preferred by professional investors and advisors. As reported, the current… The post Grayscale Submits S-1 Filing for Cardano ETF, ADA Community Reacts appeared on BitcoinEthereumNews.com. As reported by Wu Blockchain, Grayscale has filed an S-1 registration with the SEC to launch a Cardano (ADA) ETF, following up on its previously submitted 19b-4 filing. Earlier this month, the Grayscale Cardano Trust ETF was added to Delaware’s official registration portal, a move that usually preceded S-1 filings in the past. Cardanians, a Cardano-focused X community account, highlighted the latest development in a recent tweet. JUST IN: 🇺🇸 Grayscale has submitted an S-1 filing to the SEC for a Cardano $ADA Trust ETF 🚨 The S-1 is the official registration that explains how the Cardano ETF would work. With both filings in, Grayscale seems prepared and likely counting on SEC approval. pic.twitter.com/NfV3HHD9YF — Cardanians (CRDN) (@Cardanians_io) August 30, 2025 According to Cardanians, the S-1 is the official registration that explains how the Cardano ETF would work. You Might Also Like The filing reveals the Cardano ETF’s planned ticker to be GADA on NYSE Arca. The custody would be handled by the Coinbase Custody platform, and it would track ADA’s price using the CoinDesk Cardano Index (ADX). Shares would be issued in blocks of 10,000 and may enable ADA staking for rewards in the future. Countdown to SEC deadline begins The SEC acknowledged NYSE Arca’s 19b-4 form for Grayscale’s spot Cardano ETF earlier this year; Cardanians added that with the S-1 and 19b-4 filings in, Grayscale seems prepared and likely counting on SEC approval. You Might Also Like The SEC’s decision on the Cardano exchange-traded fund (ETF) is expected in late October 2025, with Oct. 26 hinted at as a likely date. The Cardano community has begun a countdown to the SEC’s deadline, which might either approve or deny the Grayscale Cardano ETF, potentially placing ADA in a vehicle preferred by professional investors and advisors. As reported, the current…

Grayscale Submits S-1 Filing for Cardano ETF, ADA Community Reacts

2025/08/30 19:29

As reported by Wu Blockchain, Grayscale has filed an S-1 registration with the SEC to launch a Cardano (ADA) ETF, following up on its previously submitted 19b-4 filing. Earlier this month, the Grayscale Cardano Trust ETF was added to Delaware’s official registration portal, a move that usually preceded S-1 filings in the past.

Cardanians, a Cardano-focused X community account, highlighted the latest development in a recent tweet.

According to Cardanians, the S-1 is the official registration that explains how the Cardano ETF would work.

You Might Also Like

The filing reveals the Cardano ETF’s planned ticker to be GADA on NYSE Arca. The custody would be handled by the Coinbase Custody platform, and it would track ADA’s price using the CoinDesk Cardano Index (ADX). Shares would be issued in blocks of 10,000 and may enable ADA staking for rewards in the future.

Countdown to SEC deadline begins

The SEC acknowledged NYSE Arca’s 19b-4 form for Grayscale’s spot Cardano ETF earlier this year; Cardanians added that with the S-1 and 19b-4 filings in, Grayscale seems prepared and likely counting on SEC approval.

You Might Also Like

The SEC’s decision on the Cardano exchange-traded fund (ETF) is expected in late October 2025, with Oct. 26 hinted at as a likely date.

The Cardano community has begun a countdown to the SEC’s deadline, which might either approve or deny the Grayscale Cardano ETF, potentially placing ADA in a vehicle preferred by professional investors and advisors. As reported, the current approval odds for the Cardano ETF are at 87% on Polymarket while Bloomberg analysts estimate 75%.

ADA currently ranks as the 10th largest cryptocurrency with a market capitalization of $29.78 billion and trades at $0.833.

Source: https://u.today/grayscale-submits-s-1-filing-for-cardano-etf-ada-community-reacts

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This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
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