EDTA apparently does not release iron to marine organisms unless it chemically breaks apart. Not true of things like citrate or gluconate.
Why do you think iron gluconate (not just gluconate) breaks down in 30 minutes?
These have more on iron:
First Iron Article: Macroalgae and Dosing Recommendations
http://www.advancedaquarist.com/issues/aug2002/chem.htm
Second Iron Article: Iron: A Look at Organisms Other than Macroalgae
http://www.advancedaquarist.com/issues/oct2002/chem.htm
from the first one:
In many cases of iron intended for the marine hobby, the product may not tell you what the iron is chelated with, in order to protect proprietary formulations. I don't actually know if it matters too much. Very strong chelation by certain molecules will actually inhibit bioavailability by not permitting release of the iron without completely taking apart the chelating molecule, but I expect that manufacturers have avoided those molecules. EDTA and citrate, and some others, actually degrade photochemically, releasing small amounts of free iron continually. It is believed to be the free iron that is actually taken up by many organisms, and likely iron(II), though some organisms may be able to convert iron(III) to iron(II) before uptake (the detailed absorption mechanisms are generally not known). There is a more detailed discussion of this degradation and uptake in "Captive Seawater Fishes" by Stephen Spotte (1992).