Nasdaq Files for Polkadot ETF for 21Shares
- Nasdaq has filed for a Polkadot ETF on behalf of 21Shares to track the spot price of DOT.
- 21Shares is also seeking regulatory approval for ETFs linked to XRP and Solana.
- The ADOT ETP is physically backed by DOT tokens, providing regulated exposure to the Polkadot network.
- Grayscale Investments is also pursuing a spot Polkadot ETF.
- Tuttle Capital Management withdrew its proposal for a leveraged 2x Polkadot ETF.
- DOT’s market capitalization stands at $6.4 billion, with a slight price increase following the filing news.
Nasdaq’s filing for a Polkadot ETF on behalf of 21Shares aims to track DOT’s spot price, with Grayscale Investments also interested in launching a similar product. DOT’s market cap is currently $6.4 billion, reflecting increased interest following the announcement.
Source (2.6)https://cryptobriefing.com/nasdaq-files-polkadot-etf/?rand=59535
