# Cardano earned its ETF fast lane on Aug. 9 — its only sponsor had quit on Aug. 7

On Aug. 7, Grayscale withdrew the registration for its Cardano Trust ETF. Two days later, on Aug. 9, ADA crossed the six-month CME futures threshold that would have allowed a spot ETF to bypass the most grinding stretch of SEC review altogether. Forty-eight hours separated the exit of the only dedic

| Fact | Value |
| --- | --- |
| Published | 11 August 2026 |

Source: https://egamers.io/cardano-earned-its-etf-fast-lane-on-aug-9-its-only-sponsor-had-quit-on-aug-7/