According to ChainCatcher, Grayscale plans to launch a Cardano-focused ETF with ticker GADA by the end of 2026. The product will convert Grayscale’s existing Cardano trust into a publicly listed ETF. If the company activates its existing regulatory filing in mid-August, it may trigger a simplified SEC review process, potentially enabling trading to begin as early as late October 2026.
Grayscale recently adjusted its Smart Contract Fund allocation, raising Cardano’s weight from approximately 17.96% to 18.33% while reducing exposure to other assets including Ethereum.
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