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Valkyrie Digital Assets Launched Polkadot Trust Following Osprey
Summary: According to Coindesk, Valkyrie Digital Assets has launched Polkadot DOT Trust, which is designed to track the price of DOT, after Osprey Funds launching the first Polkadot trust earlier this week. Valkyrie charges a 2% management fee for the fund with a 2.5% fee from Osprey. Both companies decided to waive management fees for the ...
According to Coindesk, Valkyrie Digital Assets has launched Polkadot DOT Trust, which is designed to track the price of DOT, after Osprey Funds launching the first Polkadot trust earlier this week.
Valkyrie charges a 2% management fee for the fund with a 2.5% fee from Osprey. Both companies decided to waive management fees for the first two years.
Osprey declined to disclose the size of its assets under management (AUM). Valkyrie pointed out that the fund's AUM was $10 million when it was launched.
By Mary Liu
Tags: DOT,Osprey,Polkadot,Valkyrie
Link: Valkyrie Digital Assets Launched Polkadot Trust Following Osprey [Copy]
