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Breaking: Grayscale Withdraws Cardano, Hedera and Polkadot ETF Filings

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Grayscale Investments has quietly withdrawn the registration statements for three proposed altcoin ETFs targeting Cardano ($ADA), Hedera ($HBAR), and Polkadot ($DOT). The prices of $ADA and other altcoins plunged by 2% after the crypto asset manager pulled the plug, providing no detailed explanation.