Nyse Arca has applied for the Grayscale Cardano ETF and is about to list the Cardano Trust under the ticker Gada. Bitcoin Pepe Presale will be released on February 11th, 2025. BitcoinPepe aims to build a Layer 2 solution for Bitcoin that leverages Solana’s speed and low fees and Bitcoin security.
On February 10, 2025, NYSE Arca filed a 19B-4 form with the SEC to list the Grayscale Cardano Trust, marking an important step towards the first US spot Cardano (ADA) ETF.
In particular, ADA ETF filing coincides with the launch of Bitcoin Pepe’s Presale.
SEC has 45 days to give feedback about Grayscale Cardano ETF
According to NYSE ACRA filing, Grayscale, a leading cryptocurrency manager, has partnered with NYSE Arca to propose the Grayscale Cardano Trust under ticker GADA, with the aim of listing and trading NYSE stocks. The Trust holds Cardano Ada Tokens, with each share excludes costs except fractional ownership of the assets.
The filing filed under NYSE ARCA Rule 8.201-E reflects the growing institutional interest in Altcoin ETFs following the SEC approval of Bitcoin and Ethereum Spot ETFs last year. Trust’s net asset value is calculated daily using index prices from regulated exchanges such as Coinbase and Kraken, Coinbase’s custody protects the assets and BNY Mellon serves as manager.
Following the news, the price of Cardano’s native token, ADA, rose more than 14% at press time to $0.7948. However, as the SEC previously classified Cardano as security in the lawsuit, regulatory hurdles remain, and the lack of CME ADA futures could delay approval.
Nevertheless, the SEC has 45 days to approve, reject or extend reviews, with attention to regulatory challenges easing market optimism.
Bitcoin Pepe Presale, the first Bitcoin meme ICO, is on sale today
When the crypto community celebrates Cardano ETF proposals that could affect ADA prices, if approved, another Crypto project, Bitcoin Pepe, will be on Bitcoin today with 50% of BPEP token supply We plan to launch the world’s first meme-centric ICO. Available advance market.
Starting from $0.021, BPEP prices will rise 5% after they sell out, with early investors likely to earn more than four times more profits before the exchange list.
Bitcoin Pepe Project builds a Layer 2 solution for Bitcoin, combining Solana’s speed, low fees and Bitcoin security, introducing the Pep 20 token standard to enable the launch of meme coins on the blockchain I aim to do that.
Bitcoin Pepe is about to unlock $2 trillion dormant Bitcoin capital in the $100 billion memecoin market. It offers a meme-friendly ecosystem, including distributed exchanges similar to Solana’s Pump.Fun.
The project has gained over 10,000 social media followers and reflects retail enthusiasm for memecoin, but its speculative nature poses a significant risk, just like other MemeCoin projects.
However, the launch of the Bitcoin Pepe PreSale coincides with the broader memecoin boom, following successful pay increases from projects like Pepe Unchained and Wall Street Pepe, indicating the potential for success of pre-sale.
In particular, both grayscale Cardano ETF filing and Bitcoin Pepe pre-sale have been used to dynamically use speculative ICOs that provide regulated investment instruments and diverse investors’ appetites. It emphasizes evolution.
As Cardano ETF is waiting for clearance by the US SEC, investors were able to try Bitcoin Pepe Pre-Sale for potential return after being listed on the exchange once they are finished in advance.
