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Cardano ETF is FINALLY possible… So why did Grayscale KILL it? ADA just cleared a major requirement for a US spot ETF… and just days before, Grayscale pulled its Cardano ETF filing! So why walk away now? And what does it actually tell us about institutional demand for ADA?

33,937 views • 1 month ago •via X (Twitter)

38 Comments

Linda's profile picture
Linda1 month ago

🥔 Today’s video sponsor: Starch @abstractpotato Starch is a fun, community-driven ecosystem built on Cardano! Mine $STRCH, create your own StarchMiner NFTs & explore the community! Use code LINDA for 15% off your NFT mint.

Steve Capri's profile picture
Steve Capri1 month ago

It wasn’t killed right before it became possible. It was already dead for almost a year. Grayscale & the exchange filed the old way in 2025. SEC changed the rules, exchange withdrew its part in Sept 2025. Without that, it had no path to list/trade.

Linda's profile picture
Linda1 month ago

So they’re going to file a new one?

Steve Capri's profile picture
Steve Capri1 month ago

The old filing path is/was closed after the rule change and the exchange withdrawing its part. They’d need a completely new application under the current rules if they still want to pursue. Whether do or don’t is anyone guess. They haven’t been public about it.

Linda's profile picture
Linda1 month ago

Well, if they withdrew their filing (whatever the reason) WITHOUT filing a new one - they’ve effectively pulled out and aren’t actively pursuing it. End result is the same.

Steve Capri's profile picture
Steve Capri1 month ago

Wrong. The exchange withdrew its part of the old dual-filing back in Sept 2025 after the SEC rule change. Grayscale just cleaned up the leftover dead paperwork last week. It was already non-viable for almost a year. Where were you for an entire year?

KanaKemo's profile picture
KanaKemo1 month ago

@Cryptofly777 You speak as if you work at Grayscale, in reality you just down bad and coping

Steve Capri's profile picture
Steve Capri1 month ago

@Cryptofly777 You wake up every day just to hate post about a coin you don’t hold. That’s a sad little life.

Angry Crypto Show's profile picture
Angry Crypto Show1 month ago

Great video Linda on the broader scope of things, and who doesn't love potatoes 🤌

KanaKemo's profile picture
KanaKemo1 month ago

Here's the time, $ADA is down 98% its ATH, some people are willing to offset their loses for Charles drawing in blackboard and crying on twitter every other day, others are not.

Josh - Late Game Crypto's profile picture
Josh - Late Game Crypto1 month ago

“I hate everything!” These little bonus snippets at the end of your videos are better than marvel end credit scenes. 😂

Tesh's profile picture
Tesh1 month ago

Etf ada =

jay's profile picture
jay1 month ago

Nobody is doing anything on ADA… just try and it… It’s Ghost-town-onomics was forgivable back in the day… but now with all the things that actually have a heartbeat in the room… pretty much shines a spot light on what’s flatlining.

zkWoodsie's profile picture
zkWoodsie1 month ago

STARCH!!!!!

voltage's profile picture
voltage1 month ago

Stop talking about Cardano it’s total crap it needs to go away

Crypto_verse's profile picture
Crypto_verse1 month ago

No hay mucho interés por el proyecto, ha perdido mucho fuelle,en un mundo donde no dejan de aparecer nuevas promesas y mucha competencia…Creo que Cardano quedará como otro proyecto grande dormido o quizás sentenciado….. $SUI por ejemplo para mi tiene mucho mas potencial…

Ronbo 08's profile picture
Ronbo 081 month ago

ada is dying slowly

FrugalBC's profile picture
FrugalBC1 month ago

Yep, killed its Cardano, Polkdot and Hedera ETFs. And they won’t say why!

₿ó𝖗i𝖘 C𝖔𝔲𝔱𝖔 ♱☧'s profile picture
₿ó𝖗i𝖘 C𝖔𝔲𝔱𝖔 ♱☧1 month ago

Why did Grayscale killed a dead blockchain? A token that droped 96% ? We will never know.

OoEvilEyeoO 🧠's profile picture
OoEvilEyeoO 🧠1 month ago

The shade at the end, hilarious 🤣

Seth's profile picture
Seth1 month ago

Crypto fucking blows

Mr Sifter's profile picture
Mr Sifter1 month ago

This is the ETH tokenization cycle. We’ll see shitcoins like $Ada die off. Nobody uses them, and nobody will be prepared to incorporate them into ETFs. It’s over. Best postion in BTC and ETH for the last major cycle.

Cactus's profile picture
Cactus1 month ago

Because it's not a walk away. I'm tired with all this fud.

Nikolay Beloperkin's profile picture
Nikolay Beloperkin1 month ago

Thanks, Linda!

Uğur's profile picture
Uğur1 month ago

Crypto has become a system built around manipulation. The people behind it can push prices up or down whenever they want. In short, it’s no longer an investment vehicle; it has turned into gambling.

The Node Network's profile picture
The Node Network1 month ago

Tells us there is no demand

Carlos's profile picture
Carlos1 month ago

Hay otros fondos con intención de solicitar este ETF. La decisión de Grayscale está más alineada con su propia política comercial que no con la realidad de Cardano. Es cuestión de tiempo.

Shawdog's profile picture
Shawdog1 month ago

Thanks for the explanation Linda. Completely makes sense as to why they dropped $ADA in their ETF filing

Adam Ogilvie's profile picture
Adam Ogilvie1 month ago

Maybe they saw a bigger opportunity

BTCBLESSING's profile picture
BTCBLESSING1 month ago

npc

travis jones's profile picture
travis jones1 month ago

Way to spread more FUD

Alex Lagi's profile picture
Alex Lagi1 month ago

I'm sure Grayscale will rethink their decision when they listen to Linda's video. hehe

ThisCorrosion's profile picture
ThisCorrosion1 month ago

This is excellent

Cryptod POLI's profile picture
Cryptod POLI1 month ago

Bummer

J ɐ Nc's profile picture
J ɐ Nc1 month ago

Pump my bags!

ToxicCrypto's profile picture
ToxicCrypto1 month ago

I've seen a completely different opinion so will be good to see which one proves correct!

Crypto Chiropractor's profile picture
Crypto Chiropractor1 month ago

Omg @Grayscale only owns $78k worth of ADA? That is insane

Andrea Sorrentino's profile picture
Andrea Sorrentino1 month ago

Basta vedere la performance per capire perché hanno rinunciato

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