ADA Pumps 14% as Grayscale Files For Spot Cardano ETF

On Feb. 10, crypto asset manager Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange, expanding its push into regulated crypto investments. The firm has never previously offered a standalone investment vehicle for ADA despite making past moves to do so. Asset managers have...
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Drosera Raises $4.75M to Create the Immune System for Ethereum

[PRESS RELEASE – San Juan, Puerto Rico, February 10th, 2025] Drosera, an innovative Ethereum-aligned security automation layer, positioned as the immune system for Ethereum has closed its latest funding round bringing the total raised to $4.75 million. The raise, which was led by Greenfield Capital, saw participation from several...
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Grayscale ETF Application Helps Cardano’s ADA Outshine Bitcoin and Ether

Cardano’s ADA token surged 11%, outperforming bitcoin (BTC) and ether (ETH), after Grayscale Investments applied for the first-ever spot ADA exchange-traded fund (ETF) in the U.S. ADA jumped to 80 cents, with the move starting late Wednesday, according to CoinDesk data. However, the ninth-largest cryptocurrency by market value, is...
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