Grayscale Investments has applied to the SEC to launch a Cardano (ADA) ETF on the NYSE. This comes as part of the company's strategy to expand its crypto-focused ETF offerings. Grayscale has also recently sought regulatory approval for XRP, Solana, and Litecoin ETFs. Other asset managers, including Cboe, have also applied for ADA and XRP ETFs, reflecting growing institutional interest in offering exposure to these cryptocurrencies. Meanwhile, European investment firms have introduced exchange-traded products (ETPs) linked to major cryptocurrencies, with Virtune AB launching a Cardano-based ETP on Nasdaq Helsinki.



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