Grayscale Withdraws SEC Filings for ADA, HBAR, and DOT ETFs

BitcoinWorld Grayscale Withdraws SEC Filings for ADA, HBAR, and DOT ETFs Grayscale Investments has withdrawn its registration statements for three proposed exchange-traded funds (ETFs) tied to Cardano (ADA), Hedera (HBAR), and Polkadot (DOT).

The move, disclosed in separate Form RW filings with the U.S. Securities and Exchange Commission (SEC) on August 7, 2025, signals a strategic pause in the asset manager’s broader ETF expansion efforts.

What the Withdrawals Mean Form RW is used to formally withdraw a previously filed registration statement, effectively halting the SEC’s review process. Grayscale’s requests cover the Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF.

While the company did not provide a public explanation in the filings, such actions often precede a refiling with revised terms or follow feedback from SEC staff. These withdrawals come months after Grayscale filed initial S-1 registrations for the products in early 2025.