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Thanks Team 👍USTC🔥🔥🔥

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21Shares Advances Polkadot ETF Plans with Updated SEC Filing 21Shares’ latest SEC filing signals a strategic push to bridge Polkadot’s blockchain innovation with regulated financial markets. This move highlights the expanding race for altcoin ETFs amid changing regulatory dynamics and institutional demand. Crypto asset manager 21Shares has taken another step toward launching a spot Polkadot exchange-traded fund (ETF) by submitting an updated S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on March 6. This follows its initial application filed on Jan. 31. The update suggests that 21Shares is actively engaging with the SEC, possibly incorporating regulatory feedback or strengthening its case for approval. If approved, the Polkadot ETF would trade on the Cboe BZX Exchange, with Coinbase as the custodian of the DOT holdings. This move aligns with broader industry efforts to introduce crypto-based ETFs. On Feb. 25, Grayscale also filed for a spot Polkadot ETF through Nasdaq. Alongside its Polkadot proposal, 21Shares has recently filed for ETFs tracking Ripple (XRP) and Solana (SOL), adding to its existing Bitcoin (BTC) and Ethereum (ETH) ETF offerings.

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Eth .. not worth it

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