Briefium Intelligence Dispatch
Grayscale Withdraws Cardano, Polkadot and Hedera ETF Filings
August 21, 2026 at 5:18 AM UTC•2d ago
Grayscale has withdrawn three single-asset ETF filings tied to Cardano (ADA), Polkadot (DOT), and Hedera (HBAR) via Form RW with the SEC, signaling a cooling of the altcoin ETF pipeline. The withdrawals were sponsor-initiated under Rule 477 and not due to SEC rejection. The move narrows Grayscale’s single-token ETF roadmap as ADA (-41%), DOT (-54%), and HBAR (-35%) slide year-to-date. Issuers may now favor assets with clearer institutional demand.
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