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Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US

Summary by Benzinga
Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.’s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. “While an investment in the shares is not a direct investment in ADA, the …

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BenzingaBenzinga

Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US

Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.’s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. “While an investment in the shares is not a direct investment in ADA, the …

·New York, United States
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Coin DeskCoin Desk

Grayscale Files For Cardano ETF, Its First Standalone ADA Product

The proposed ETF would list on NYSE.

·Manila, Philippines
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investinghaven.cominvestinghaven.com

Cardano News Today: ADA Skyrockets 15% as Grayscale Unveils First-Ever Cardano ETF Plan

Cardano News Today: ADA Skyrockets 15% as Grayscale Unveils First-Ever Cardano ETF Plan There is major news for Cardano investors today after Grayscale tapped NYSE Arca to file for a Cardano ETF on their behalf. The news sent ADA prices soaring by more than 15% on the day to reach $0.815.  Grayscale Investments, which already […]

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bsc.newsbsc.news

Grayscale Files for Cardano ($ADA) Spot ETF with NYSE Arca | BSCN (fka BSC News)

The Feb. 10 SEC filing proposes listing and trading shares of the Grayscale Cardano Trust, making it the first standalone ADA investment product in the U.S.

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TECHTELEGRAPHTECHTELEGRAPH

ADA Outshine BTC and ETH with 11% Gains After Grayscale Files ETF Application - TECHTELEGRAPH

Cardano’s ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S. ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is still down 36% from its December high of around $1.37. Grayscale, a prominent crypto asset manager, filed to list th…

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ecnetnews.comecnetnews.com

Grayscale Submits Application for First Spot Cardano ETF in the U.S.

ADA Experiences 11% Surge Following Grayscale’s Spot Cardano ETF Filing, Marking 60th Crypto ETF Submission This Year. In a significant development within the cryptocurrency market, Grayscale has filed a 19b-4 form with the SEC to introduce a spot Cardano (ADA) ETF, marking a historic move to integrate ADA into the U.S. spot ETF scene. This filing underscores Grayscale’s initiative to broaden institutional access to digital assets, extending its…

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Cardano Feed broke the news in on Sunday, February 9, 2025.
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