Regarding the Cardano ETF situation. It's getting weird, but here is some speculation.
Bitwise & Canary just launched the first U.S. altcoin ETFs for Solana, Litecoin, and HBAR during a government shutdown.
They pulled it off using a clever “no delay” S-1 workaround, automatic approval after 20 days with no SEC response.
Even SEC Chair Paul Atkins just commended that maneuver.
Grayscale even just followed the same path for Solana today with GSOL. But their Cardano ETF deadline quietly passed with no word.
So the question is… will Grayscale make a move with Cardano ETF GADA even before the SEC fully reopens? 👀
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