Grayscale Makes Power Moves: Hedera ETF and Cardano Trust Officially Registered in Delaware
Wall Street's crypto love affair gets another chapter—Grayscale just filed paperwork in Delaware for a Hedera ETF and Cardano Trust. Because nothing says 'legitimacy' like a corporate registration in the state famous for tax loopholes and LLC mills.
Hedera and Cardano join the institutional party
While retail traders fight over memecoins, the big players keep stacking infrastructure plays. Grayscale’s latest filings signal growing appetite for altcoins beyond Ethereum—even if half these projects still haven’t figured out mass adoption.
The Delaware double-tap
Smart move? Absolutely. The state’s business-friendly courts and lax disclosure requirements make it the Vegas of corporate filings—what happens in Delaware stays in Delaware. Perfect for crypto firms still allergic to regulatory clarity.
Watch the dominos fall
This isn’t just about two altcoins. It’s another brick in the wall of crypto’s financialization—where every project eventually becomes an ETF ticker waiting to happen. Just don’t ask about actual users or revenue.