A Polkadot crypto ETF filed with Nasdaq: 21Shares is betting big! Here is everything you need to know about this initiative.
Asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch a Polkadot (DOT) exchange-traded fund (ETF). 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 acting as the custodian of the DOT. However, there are potential risks associated with the Polkadot network that could compel the regulator to shut down this fund if it is approved.
Historic influx in Bitcoin ETFs: $34.58 billion in inflows in 10 days. Discover why this asset is attracting so much!
21Shares has just filed a spot ETF application for XRP with the SEC, becoming the third major player to attempt to introduce this type of financial product in the U.S. crypto market.
21Shares introduces an ETF Solana application! A new chapter opens for crypto investment and financial innovation.
For the first time, Cathie Wood's ARK 21shares Bitcoin ETF (ARKB) recorded more outflows than the Grayscale Bitcoin Trust (GBTC). On April 2, ARKB lost $87.5 million, surpassing GBTC's record for daily outflows.
" Bitcoin Spot EFTs have faced several rejections before reaching this stage. "
ETF Bitcoin spot approved! The first ARKB ETF by 21Shares will make its stock market debut on Cboe on January 11th.
We are now 2 days away from the deadline set by the SEC for the approval of the first Bitcoin Spot ETFs. To date, this regulatory institution has not made a statement regarding these new financial instruments. In case you want to closely follow the progress of the situation, we…