<ul><li>The U.S. SEC has acknowledged Grayscale Investments' filing for a Cardano (ADA) exchange-traded fund (ETF).</li><li>The SEC will assess whether the ETF meets federal securities law requirements during the 180-day review period.</li><li>If approved, it would be the first-ever spot ADA ETF in the United States.</li><li>Grayscale's push for a Cardano ETF reflects growing institutional interest in altcoin investment products.</li></ul>

SEC Evaluates Grayscale’s Cardano ETF—ADA Poised for Explosive Growth?

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