Share this article
21Shares Polkadot ETF Plan Progresses With Nasdaq Filing for Listing Approval
The filing comes as 21Shares expands its crypto ETF offerings, including funds for XRP and Solana.
Updated Mar 18, 2025, 6:09 p.m. Published Mar 18, 2025, 3:41 p.m.
What to know:
- Nasdaq filed with the SEC to list a spot Polkadot ETF on behalf of 21Shares.
- 21Shares is also pursuing ETFs tied to XRP and Solana, alongside an ether staking proposal.
Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF).
The exchange submitted a 19b-4 filing to the SEC, asking for permission to list the ETF if it is approved by the regulator.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The proposed fund would track the spot price of DOT, the native cryptocurrency of the Polkadot network. The filing follows an amended S-1 form submitted by 21Shares earlier this year, marking another step in the firm’s push to bring more crypto investment products to the market.
21Shares is also seeking regulatory approval for funds linked to XRP and solana's SOL. The company recently announced it’s set to liquidate two actively managed crypto ETFs amid the market downturn.
Grayscale Investments, a crypto asset-management company, has also filed with the SEC to launch a Polkadot ETF, signaling broader interest in the asset.
More For You
Higit pang Para sa Iyo
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Ano ang dapat malaman:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
Top Stories
