Grayscale pulls SEC spot ETF filings for ADA, HBAR, and DOT

Grayscale Investments has withdrawn U.S. SEC registration applications for proposed spot altcoin ETFs linked to Cardano (ADA), Hedera (HBAR), and Polkadot (DOT), according to reports citing SEC filings. The withdrawals were submitted via Form RW on August 7, pulling back the S-1 registration statements for the Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF ^{[1] [2]}.

Coverage of the event notes that Grayscale stated no shares had been sold and that the filings never became effective, as part of the SEC withdrawal process. Other reporting framed the pullback as happening quickly and described immediate market reactions in which ADA and other altcoins fell after the announcements ^{[3] [4]}.

Grayscale’s SEC filing withdrawals remove registration progress for the ADA, HBAR, and DOT ETF proposals, according to the cited reports ^[1].