{"id":12379,"date":"2025-02-11T03:47:01","date_gmt":"2025-02-11T03:47:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12379"},"modified":"2025-02-11T03:47:01","modified_gmt":"2025-02-11T03:47:01","slug":"cardano-outperforms-bitcoin-ethereum-with-11-gains-after-grayscale-applies-for-first-ever-ada-spot-etf-in-us","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12379","title":{"rendered":"Cardano Outperforms Bitcoin, Ethereum With 11% Gains After Grayscale Applies For First Ever ADA Spot ETF In US"},"content":{"rendered":"<div>\n<p><strong>Cardano <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ada\/usd\">ADA<\/a>) surged double digits on Monday evening after digital asset management giant <strong>Grayscale Investments<\/strong> applied for the U.S.\u2019s first-ever spot Cardano exchange-traded fund.<\/p>\n<p><strong>What Happened<\/strong>: <strong>NYSE Arca<\/strong>, a <strong>New York Stock Exchange<\/strong>\u00a0subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. <\/p>\n<p>\u201cWhile an investment in the shares is not a direct investment in ADA, the shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to ADA,\u201d the SEC filing read. <\/p>\n<p>The trust\u2019s custodian would be <strong>Coinbase<\/strong>, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/02\/43613700\/cardano-outgains-bitcoin-ethereum-with-11-rally-after-its-first-ever-spot-etf-application-in-the-us\" alt=\"Cardano\" outperforms bitcoin ethereum with gains after grayscale applies for first ever ada spot etf in us>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.\u2019s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange\u00a0subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust. \u201cWhile an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12379","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12379"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12379\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}