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Analyst Maps Grayscale's Potential "GADA" Cardano ETF Path Ahead of Oct. 23, 2026
Crypto analyst Eilert said Grayscale could pursue a dedicated Cardano ETF dubbed "GADA", with a possible SEC decision deadline of Oct. 23, 2026 if a filing is activated on Aug. 9, 2026. The timeline is tied to ADA completing six months of CME futures trading that began Feb. 9, 2026, while Grayscale's Smart Contract Fund also lifted its ADA weight from 17.96% to 18.33%.