🇺🇸 SEC | 21Shares renames its Polkadot ETF and adds staking

21Shares filed supplement No. 6 to the prospectus for its Polkadot ETF, which is now called “21Shares Polkadot Staking ETF.” The fund is already listed on Nasdaq.

🔎 WHAT IS THIS
📄 424B3 — supplement to an already effective prospectus (S-1 effective since 2026-03-04)
🏛️ Issuer: 21Shares Polkadot Staking ETF
📅 Filing date: 2026-08-27
🪙 Asset: DOT

📌 WHAT CHANGES
• Name: “21Shares Polkadot ETF” becomes “21Shares Polkadot Staking ETF”
• Benchmark index: from the CME CF Polkadot — Dollar Reference Rate (New York Variant) to the FTSE Polkadot Index, starting 2026-08-27
• Sponsor Fee (0.30% annuallyized on NAV): stops being paid in DOT on a weekly basis and will instead be paid at least quarterly

💡 WHY IT MATTERS
The name change aligns with the sponsor’s plan to hire external staking providers to stake all or part of the fund’s DOT. This changes where the vehicle’s returns come from: DOT’s price plus network rewards, which brings additional operational and regulatory risks from delegating tokens to a third party.

#SEC #ETF $DOT