TLDR
- Grayscale registered Cardano and Hedera Trust ETFs in Delaware on August 12.
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These filings often precede S-1 forms with the U.S. Securities and Exchange Commission.
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The SEC has acknowledged 19b-4 filings for both ETF proposals earlier in 2025.
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Grayscale is expanding beyond Bitcoin and Ether into altcoin ETF offerings.
Grayscale Investments has officially registered the “Grayscale Cardano Trust ETF” and “Grayscale Hedera Trust ETF” in Delaware. The filings appeared on the state’s public registry portal on August 12, 2025. These trusts are set up as general statutory trusts and often serve as a precursor to formal ETF filings with the U.S. Securities and Exchange Commission.
Such moves typically align with Grayscale’s approach to launching crypto-related ETFs, with Delaware trust formations being an early signal. The filings do not confirm SEC approval but often lead to the next regulatory steps,…
