According to CoinMeta, the grayscale investment has withdrawn its plans for exchange-traded funds (ETFs) related to Cardano, Polkadot, and Hoshi, and has submitted three withdrawal applications to the U.S. Securities and Exchange Commission (SEC). Grayscale indicates that it intends not to continue with the distribution of shares from these trusts. Since February 2025, the values of ADA, DOT, and HBAR have all declined; ADA has fallen by more than 41% since the beginning of this year, DOT has dropped by 54%, and HBAR has decreased by 35%.