Key Takeaways:
- Nasdaq Files for Polkadot ETF – The exchange seeks SEC approval to list 21Shares’ Polkadot (DOT) ETF, tracking the cryptocurrency’s spot price.
- Expanding Crypto ETF Offerings – 21Shares is also pursuing ETFs for XRP, Solana (SOL), and an ether staking fund, despite liquidating two other crypto ETFs.
- Institutional Interest Grows – Grayscale has also applied for a Polkadot ETF, reinforcing rising demand for DOT among institutional investors.
Nasdaq has filed a request with the U.S. Securities and Exchange Commission (SEC) to list a Polkadot (DOT) exchange-traded fund (ETF) from Swiss asset manager 21Shares.
The filing, known as a 19b-4, is a crucial regulatory step for approval.
If granted, the ETF would track DOT’s spot price, providing investors direct exposure to the cryptocurrency.
BREAKING: 🇺🇸 21SHARES APPLIED
— Ash Crypto (@Ashcryptoreal) March 18, 2025
TO LAUNCH A POLKADOT $DOT ETF
ON NASDAQ. pic.twitter.com/cfPveikUgz
This move is part of 21Shares’ broader crypto ETF expansion, as the company is also pursuing regulatory approval for funds linked to XRP, Solana (SOL), and an ether staking ETF.
Despite this expansion, 21Shares recently announced the liquidation of two actively managed crypto ETFs due to market conditions.
Meanwhile, Grayscale Investments has also applied to launch a Polkadot ETF, signaling rising institutional interest in the asset.
If approved, these ETFs could boost mainstream adoption of Polkadot and further legitimize crypto-based financial products in traditional markets.
The filings reflect growing demand for regulated cryptocurrency investment vehicles, though the SEC’s stance on crypto ETFs remains a key factor in determining their success.
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