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The asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) backed by Polkadot (DOT). According to the filing on January 31, 2025, the goal is to list the 21Shares Polkadot Trust on the Cboe BZX crypto exchange, with Coinbase as the custodian of the DOT.
Crypto: 21Shares files for a Polkadot ETF
21Shares has just submitted an S-1 application to the SEC to launch a Polkadot (DOT) ETF in the United States. This fund would allow investors to access DOT without having to hold it directly. This initiative reflects the growing interest in financial products based on crypto.
Furthermore, the 21Shares filing comes after the resignation of SEC Chairman Gary Gensler on…
