Grayscale Don File Spot Altcoin ETFs for ADA & HBAR, Eye 2026
Grayscale don register two new Delaware statutory trusts—Grayscale Cardano Trust ETF and Grayscale Hedera Trust ETF—on August 12, marking dem first step toward spot altcoin ETF applications for ADA and HBAR. The filings follow SEC recognition of 19b-4 proposals by NYSE Arca and Nasdaq and dey build on regulatory clarity from in-kind redemptions for BTC and ETH ETFs under Project Crypto. Formal S-1 submissions and SEC reviews fit lead to spot altcoin ETF approvals early 2026, boosting institutional demand, liquidity, and brokerage access for ADA and HBAR. Traders suppose dey watch SEC updates, S-1 filings, and fund launches for Cardano ETF and Hedera ETF news, prepare for increased volatility and possible long-term price uptrends.
Bullish
The spot altcoin ETF filings dey signal big regulatory milestone wey fit unlock plenty institutional inflows into ADA and HBAR. Short term, announcements and SEC review milestones fit cause volatility as traders dey react to updates. For long term, ETF approvals usually boost liquidity, expand retail access, and keep upward price momentum. Historical precedent from BTC and ETH ETFs show say formal ETF launches dey bring fresh capital and improve market depth, supporting bullish outlook for these altcoins.