2025-04186Notice

SEC Hits Pause on Cardano Crypto Shares—Investors Left Hanging

Published Date: 3/17/2025

Notice

Summary

The SEC is taking more time to decide if NYSE Arca can list and trade shares of the Grayscale Cardano Trust (ADA), a new crypto-based investment. This affects investors interested in ADA and could open up fresh trading options once approved. The decision deadline is now extended past April 14, 2025, so stay tuned for updates that might impact your crypto portfolio.

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Key Dates

Published Date
Effective Date
3/17/2025
5/29/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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