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Aug 9, 2026

Grayscale Withdraws ETF Registration Applications for Cardano, Hedera, and Polkadot Within 190 Seconds

Grayscale Investments withdrew its S-1 registration statements with the SEC for spot ETFs tied to Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) on August 7, 2026, with all three filings pulled within a 190-second window. No reason was provided for the withdrawals, and no securities had been issued or sold.

Aug 9, 2026·9 sources
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Top claims

  • ▪Market prices for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) remained flat with no significant price movements following the withdrawal announcement.
  • ▪Under SEC Rule 477(b), an application to withdraw a pre-effective registration statement is deemed approved upon filing unless the SEC objects within 15 days.
  • ▪Grayscale Investments voluntarily withdrew its spot ETF registration applications for Cardano, Hedera, and Polkadot on August 7, 2026.

Topics

Crypto regulationInstitutional crypto adoptionCrypto ETFsAltcoins

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