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21Shares has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch the first spot Polkadot ETF in the U.S. The proposed 21Shares Polkadot Trust aims to list its common shares on the Cboe BZX Exchange and will passively track the price of Polkadot's native token, DOT, using the CME CF Polkadot-Dollar Reference Rate. Coinbase Custody Company will manage the assets of the ETF, aiming to meet the SEC's stringent asset management standards for institutional investors. This filing is part of a broader trend of increased applications for cryptocurrency ETFs under the new Trump administration, which is expected to foster a more favorable regulatory environment.
21SHARES FILES FOR POLKADOT ETF—DOES IT HAVE A SHOT? Another crypto ETF filing, this time for Polkadot. 21Shares wants a spot DOT fund on Cboe BZX, with Coinbase as custodian. The question isn’t whether it gets approved—the question is whether anyone cares. DOT’s price has… https://t.co/K2B2T4b2m3
21Shares Files For First Ever Spot Polkadot ETF 21Shares has filed for a spot Polkadot ETF, marking the first of its kind as it seeks approval from the U.S. SEC. The 21Shares Polkadot Trust would trade on the Cboe BZX Exchange and track the performance of DOT, Polkadot’s native… https://t.co/N5odazKV2H
21Shares is currently seeking approval for a Polkadot ETF in the US with the SEC, as part of a surge in new cryptocurrency ETF filings. #Cryptocurrency #ETF #Polkadot
