In a significant development for the crypto community, Grayscale has filed for trusts related to Cardano and Hedera. This step, which often foreshadows upcoming S-1 submissions, hints at the potential launch of exchange-traded funds (ETFs) for these altcoins. As investors celebrate, the formation of general statutory trusts in Delaware marks a pivotal shift that could propel Cardano and Hedera into mainstream investment vehicles. This move amplifies the excitement and interest surrounding altcoins, showcasing Grayscale’s commitment to expanding its offerings in the cryptocurrency market.