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21Shares Files for First Spot Polkadot ETF with SEC

Mary Liu

Summary: 21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot Polkadot exchange-traded fund (ETF), marking the first of its kind.  The firm filed a registration statement for the 21Shares Polkadot Trust on Friday, which will trade on the Cboe BZX Exchange and track the performance of DOT, the native ...

21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot Polkadot exchange-traded fund (ETF), marking the first of its kind. 

The firm filed a registration statement for the 21Shares Polkadot Trust on Friday, which will trade on the Cboe BZX Exchange and track the performance of DOT, the native token of the Polkadot Network. According to the filing, Coinbase Custody will serve as the custodian for the DOT holdings.

This move follows Tuttle Capital's recent application for 10 leveraged cryptocurrency ETFs earlier this week, including one tied to Polkadot. The filings highlight growing institutional interest in expanding cryptocurrency investment products beyond Bitcoin and Ethereum.

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