According to CoinMeta, on August 7th, Grayscale withdrew the registration applications for three US Altcoin exchange trading products, which involved Cardano, Hedera, and Polkadot funds. According to SEC records, these three applications were accepted between 4:33:37 and 4:36:47 PM Eastern Time, taking exactly 190 seconds. Grayscale stated that they no longer intend to proceed with the share distribution under these registration applications and confirmed that no securities were issued or sold. Each application provided the same core explanation: the initiator does not intend to continue with the planned share distribution.