Cryptocurrency investment firm Grayscale, which on Monday filed to list its Cardano (ADA) exchange-traded fund on the New York Stock Exchange, broke through U.S. regulators' blockade of a bitcoin ETF last year, having never launched a standalone ADA investment vehicle before, despite previous moves. But the shift in Trump's 2.0 Securities Exchange Commission (SEC) from regulating the cryptocurrency industry to seemingly embracing it has emboldened issuers to think about what they can pass. In recent weeks, Grayscale has also filed for Solana and XRP ETFs, which will convert Grayscale's pre-existing cryptocurrency trust products into a broader tradable ETF, while the ADA ETF is a brand new product.