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Gray applied to list the Cardano ETF on the New York Stock Exchange on Monday

Internet reports that cryptocurrency investment company Grayscale applied on Monday to list Cardano (ADA) exchange-traded funds on the New York Stock Exchange. Last year, Grayscale broke through U.S. regulators 'blockade of Bitcoin ETFs. Although there have been relevant measures in the past, an independent ADA investment tool has never been launched before. But Trump's 2.0 version of the U.S. Securities and Exchange Commission (SEC)'s shift from regulating the cryptocurrency industry to seemingly embracing it has given issuers more courage to think about what they can pass. In recent weeks, Grayscale has also applied for Solana and XRP ETFs. These products will convert Grayscale's pre-existing cryptocurrency trust products into ETFs with a wider range of tradable products, while the ADA ETF is a brand new product.

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