{"id":47102,"date":"2025-02-11T07:59:52","date_gmt":"2025-02-11T07:59:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nyse-arca-files-19b-4-for-grayscale-cardano-etf-as-bitcoin-pepes-presale-goes-live\/"},"modified":"2025-02-11T07:59:52","modified_gmt":"2025-02-11T07:59:52","slug":"nyse-arca-files-19b-4-for-grayscale-cardano-etf-as-bitcoin-pepes-presale-goes-live","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nyse-arca-files-19b-4-for-grayscale-cardano-etf-as-bitcoin-pepes-presale-goes-live\/","title":{"rendered":"NYSE Arca files 19b-4 for Grayscale Cardano ETF as Bitcoin Pepe&#8217;s presale goes live"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/Cardano-est-maintenant-pris-en-charge-par-Trezor-image-2.png-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/Cardano-est-maintenant-pris-en-charge-par-Trezor-image-2.png-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/Cardano-est-maintenant-pris-en-charge-par-Trezor-image-2.png-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/Cardano-est-maintenant-pris-en-charge-par-Trezor-image-2.png-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>NYSE Arca has filed for Grayscale Cardano ETF, seeking to list a Cardano Trust under the ticker GADA.<\/li>\n<li>Bitcoin Pepe presale launches on February 11, 2025.<\/li>\n<li>Bitcoin Pepe aims to build a Layer-2 solution for Bitcoin leveraging Solana\u2019s speed and low fees and Bitcoin\u2019s security.<\/li>\n<\/ul>\n<p>On February 10, 2025, NYSE Arca <a href=\"https:\/\/www.nyse.com\/publicdocs\/nyse\/markets\/nyse-arca\/rule-filings\/filings\/2025\/SR-NYSEArca-2025-12.pdf\">filed a 19b-4 form<\/a> with the SEC to list the Grayscale Cardano Trust, marking a significant step toward the first US spot Cardano (ADA) ETF.<\/p>\n<p>Notably, the ADA ETF filing coincides with the launch of <a href=\"https:\/\/bitcoinpepe.xyz\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\">Bitcoin Pepe\u2019s presale<\/a>, which is scheduled to go live today (February 11, 2025).<\/p>\n<h2>SEC has 45 days to give feedback on the Grayscale Cardano ETF<\/h2>\n<p>According to the NYSE Acra filing, Grayscale, a leading crypto asset manager, has partnered with NYSE Arca to propose the Grayscale Cardano Trust under the ticker GADA, seeking to list and trade shares on the NYSE. The trust would hold Cardano\u2019s ADA tokens, with each share representing fractional ownership of the assets, minus expenses.<\/p>\n<p>The filing, submitted under NYSE Arca Rule 8.201-E, reflects the growing institutional interest in altcoin ETFs, following the SEC\u2019s approval of Bitcoin and Ethereum spot ETFs last year. The trust\u2019s net asset value will be calculated daily using an index price from regulated exchanges like Coinbase and Kraken, with Coinbase Custody safeguarding assets and BNY Mellon serving as administrator.<\/p>\n<p>Following the news, the price of Cardano\u2019s native token, ADA, had surged by over 14% to $0.7948 at press time. However, regulatory hurdles remain, as the SEC previously categorized <a href=\"https:\/\/coinjournal.net\/cardano\/what-is-cardano\/\">Cardano<\/a> as security in lawsuits, and the absence of CME ADA futures could delay approval.<\/p>\n<p>Nevertheless, the SEC has 45 days to approve, deny, or extend its review, with market optimism tempered by caution over regulatory challenges.<\/p>\n<h2>Bitcoin Pepe presale, the first Bitcoin meme ICO, launches today<\/h2>\n<p>As the crypto community celebrate the Cardano ETF proposal that could impact the price of ADA if approved, another crypto project, Bitcoin Pepe, is set to launch the world\u2019s first meme-focused ICO on Bitcoin today with 50% of its BPEP token supply will be available pre-market.<\/p>\n<p>Starting at $0.021, <a href=\"https:\/\/bitcoinpepe.xyz\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\">BPEP\u2019s price<\/a> will increase by 5% after each stage sells out, with early investors potentially seeing gains of over 4x before exchange listings.<\/p>\n<p>Besides the presale, the Bitcoin Pepe project aims to build a Layer-2 solution for Bitcoin, combining Solana\u2019s speed and low fees with Bitcoin\u2019s security, introducing the PEP-20 token standard to enable meme coin launches on the blockchain.<\/p>\n<p>Bitcoin Pepe seeks to unlock $2 trillion of dormant Bitcoin capital for the $100 billion meme coin market. It offers a meme-friendly ecosystem, including a decentralized exchange akin to Solana\u2019s pump.fun.<\/p>\n<p>While the project has garnered over 10,000 social media followers and reflects retail enthusiasm for meme coins, its speculative nature carries significant risks just as with any other memecoin project.<\/p>\n<p>However, the Bitcoin Pepe presale launch aligns with a broader meme coin boom, following successful raises by projects like Pepe Unchained and Wall Street Pepe, signalling a possible presale success.<\/p>\n<p>Notably, both the Grayscale Cardano ETF filing and Bitcoin Pepe\u2019s presale highlight the dynamic evolution of the cryptocurrency market, with regulated investment vehicles and speculative ICOs catering to diverse investor appetites.<\/p>\n<p>With the Cardano ETF awaiting clearance by the US SEC, investors could try the Bitcoin Pepe presale for possible returns once it gets listed on exchanges once the presale concludes.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/nyse-arca-files-19b-4-for-grayscale-cardano-etf-as-bitcoin-pepes-presale-goes-live\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) NYSE Arca has filed for Grayscale Cardano ETF, seeking to list a Cardano Trust under the ticker GADA. Bitcoin Pepe presale launches on February 11, 2025. Bitcoin Pepe aims to build a Layer-2 solution for Bitcoin leveraging Solana\u2019s speed and low [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":47103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47102"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=47102"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/47102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/47103"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=47102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=47102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=47102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}