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Grayscale Seeks Cardano ETF Approval After Filing for Solana, XRP and Dogecoin Funds Decrypt 11 Feb 2025

Grayscale Seeks Cardano ETF Approval After Filing for Solana, XRP and Dogecoin Funds 📈

Grayscale, known for its Bitcoin and Ethereum funds, is expanding its offerings by seeking approval for a Cardano ETF through NYSE Arca. This move follows their recent filings for Solana, XRP, and Dogecoin funds, signaling Grayscale's continued ambition to diversify their crypto investment products.

As Grayscale looks to launch more funds, this diversification into different cryptocurrencies is seen as a strategic move to capture a broader market segment and cater to the growing interest in alternative digital assets.

Source: decrypt.co ↗

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