Grayscale has registered two new exchange-traded funds (ETFs), the Grayscale Cardano Trust ETF and the Grayscale Hedera Trust ETF, as general statutory trusts in Delaware. The registration was completed on August 12, 2025, with CSC Delaware Trust Company acting as the registered agent in Wilmington, Delaware. This move represents a strategic expansion of Grayscale's cryptocurrency investment products, further diversifying its offerings in the digital asset market.