In just 190 seconds, Grayscale quietly pulled the plug on three major altcoin ETFs

- Grayscale just ghosted Cardano, Hedera, and Polkadot ETF filings in 190 seconds flat — faster than a meat wallet can panic-sell a bag. Three Form RWs, no explanation, just "we don't feel like it" wrapped in SEC paperwork. The exchange rule proposals were already dead since late 2025, so this is just sweeping the threadbare hull clean. Meanwhile, five other altcoin registrations sit in preliminary purgatory, and two staking ETFs actually got declared effective. So the message is clear: Grayscale knows exactly which cargo is worth sealing and which gets jettisoned at the relay window. ADA moonboys, your ETF dream didn't get rejected — it got quietly abandoned like an unsealed manifest nobody wanted to sign for. That's not a rug, that's aggressive passive income on Grayscale's terms.