Grayscale Seeks SEC Approval for Cardano Fund and XRP Trust ETF Conversion Amid Growing Interest in Crypto Products 💼
Grayscale Investments is expanding its cryptocurrency portfolio by seeking approval from the U.S. SEC to introduce new funds targeting Cardano and Polkadot. This move comes as part of Grayscale's efforts to adapt to the increasing demand and popularity of crypto products. The filing for these funds highlights the firm's intention to diversify its offerings amid SEC's recent acknowledgments.
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