Grayscale Withdraws Cardano, Hedera And Polkadot Trust ETF Registrations
Grayscale has voluntarily withdrawn registration statements for its Cardano, Hedera, and Polkadot Trust products, pausing another set of altcoin ETF ambitions before they reached market.
The withdrawals were filed on Form RW on August 7, 2026. Grayscale said it does not intend to proceed with the planned distributions.
That wording matters.
This is not the SEC rejecting the products. It is Grayscale choosing to withdraw them. It also does not mean Cardano, Hedera, or Polkadot ETFs are approved, imminent, or permanently dead. It simply means these specific registration statements are no longer moving forward.
For altcoin ETF watchers, it is another reminder that product filings can move backward as well as forward.
For more details, visit the official Sec platform.
TL;DR
- Grayscale withdrew Cardano, Hedera, and Polkadot Trust registration statements.
- The withdrawals were voluntary and filed on Form RW.
- This should not be framed as SEC rejection or ETF approval.
Why The Withdrawals Matter
Altcoin ETF speculation has become one of the biggest narratives outside Bitcoin and Ethereum.
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