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Grayscale withdraws ADA, HBAR, and DOT ETF filings, focusing on higher-priority crypto products.

Market News
10 Aug 2026
TheNewsCrypto
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Neutral
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Grayscale Investments withdrew its S-1 registration filings for three altcoin ETFs—Cardano (ADA), Hedera (HBAR), and Polkadot (DOT)—on August 7, 2026, signaling a strategic shift to prioritize more promising products. These ETFs were less advanced in the market compared to Bitcoin and Ethereum funds, which remain unaffected. The withdrawals appear to be a deliberate portfolio decision to conserve resources, with the option to refile later. This move narrows Grayscale's ETF shelf but allows greater focus on other altcoin ETFs still in development and staking-related products already approved.

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