Grayscale Cardano ETF Launch Timeline Revealed

A significant development in the Cardano ecosystem has been revealed by a crypto analyst. According to this expert, Grayscale may launch a dedicated Cardano ETF, GADA, before October 2026. This prediction is based on the SEC's recent approval of new generic listing standards for spot crypto ETFs.

The updated framework requires that a crypto asset complete six months of CME futures trading before becoming eligible for a spot ETF review process. Cardano has already completed this requirement, with its ADA futures launching in February 2026 and becoming eligible on August 9, 2026.

Even if Grayscale launches GADA, the SEC still needs to approve the ETF. However, the new framework has streamlined the review process, limiting it to a maximum of 75 days. This means that the SEC would need to issue a final decision by October 23, 2026, at the latest.

Grayscale's increased exposure to Cardano in its Smart Contract Fund is also contributing to bullish sentiment around ADA. The fund now holds 18.33% of its portfolio in ADA, up from 17.96%. This move suggests growing institutional confidence in Cardano compared to competing smart contract platforms.