21Shares files with SEC for spot Polkadot ETF
Amid the influx of new crypto ETF filings in the United States, asset management firm 21Shares has filed to launch a spot Polkadot ETF.
Asset management firm 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch a spot Polkadot exchange-traded fund (ETF).
In a Jan. 31 SEC filing, 21Shares stated its intention to list the 21Shares Polkadot (DOT) Trust on the Cboe BZX exchange, with cryptocurrency exchange Coinbase acting as the DOT custodian.
It comes just four years after 21Shares launched a similar product in Switzerland. In Feb 2021, the asset manager launched the world’s first Polkadot ETP on the Swiss SIX exchange.
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Author: Ciaran Lyons