Grayscale Quietly Withdraws ETF Plans for Cardano, Polkadot and Hedera

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Grayscale Investments has abandoned its plans to launch exchange-traded funds for three cryptocurrencies: Cardano, Polkadot, and Hedera. The asset manager confirmed it no longer intends to move forward with these proposed offerings. None of the filings had received regulatory approval or become effective. No securities were issued or sold in connection with the withdrawn plans.

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