The renowned digital asset management company Grayscale Investments has once again attracted industry attention. The latest news indicates that the company has registered the Cardano (ADA) and Hedera (HBAR) trust ETF in Delaware.



As a pioneer in the cryptocurrency investment space, Grayscale's move will undoubtedly bring more exposure and potential investors to ADA and HBAR. Grayscale has led significant price increases for multiple cryptocurrencies during past bull markets, and its influence should not be underestimated.

The newly added trust ETF products may indicate an increased confidence among institutional investors in the Cardano and Hedera projects. Cardano, as a well-known smart contract platform, is renowned for its sustainability and academic research orientation. Meanwhile, Hedera has attracted considerable attention with its unique hashgraph technology and enterprise-level application scenarios.

As Grayscale continues to expand its cryptocurrency investment portfolio, this move could have a positive impact on the entire cryptocurrency market. Investors and market analysts will closely monitor the performance of these two cryptocurrencies in the future, especially against the backdrop of potentially increasing institutional participation.

However, it is worth noting that while Grayscale's actions are often seen as a bullish signal, the cryptocurrency market remains highly volatile. Investors should carefully assess risks and conduct thorough market research before making any investment decisions.
ADA-1.99%
HBAR1.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
RetailTherapistvip
· 10h ago
It's going to big pump again!
View OriginalReply0
GasFeeCriervip
· 12h ago
Grayscale has started accumulating reserves again.
View OriginalReply0
LiquidationAlertvip
· 14h ago
ada is here! bearish traders run!
View OriginalReply0
HashRateHermitvip
· 08-14 17:12
Better sell your ADA quickly.
View OriginalReply0
SelfSovereignStevevip
· 08-13 14:52
It is another gray "trust game".
View OriginalReply0
OldLeekNewSicklevip
· 08-13 14:49
It’s the season to play people for suckers again; let's see who enters a position first and who gets liquidated first.
View OriginalReply0
BuyHighSellLowvip
· 08-13 14:47
Classic! ADA has finally been recognized.
View OriginalReply0
gas_guzzlervip
· 08-13 14:47
buy the dip 不亏 多米诺效应来咯
View OriginalReply0
ContractTestervip
· 08-13 14:38
Does this crappy coin ada even deserve it?
View OriginalReply0
MetaverseLandlordvip
· 08-13 14:31
The new round of lifting the sedan chair has begun again.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)