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crypto.news 2025-03-18 22:04:50

Nasdaq files Polkadot ETF on behalf of 21Shares

Nasdaq officially asked the U.S. Securities and Exchange Commission for permission to list a 21Shares Polkadot ETF. Nasdaq filed formal paperwork with the SEC to allow the trading of a Polkadot ( DOT ) exchange-traded fund issued by wealth manager 21Shares. The 19b-4 document filed by Nasdaq, otherwise known as a proposal for rule change, represents the second half of a standard ETF filing with the SEC. You might also like: ‘White man chain’: Solana’s anti-woke ad sparks community backlash Earlier this year, 21Shares submitted a spot DOT ETF filing and updated its S-1 application on March 7. The S-1 form is called a registration of securities and is typically one of the first steps in bringing a new ETF to market. Several issues have tested the waters with crypto ETF filings under President Donald Trump’s new pro-digital asset administration. 21Shares also filled for ETFs tracking other altcoins like Solana ( SOL ) and ( XRP ). Grayscale bid for a spot DOT product also, while Canary Capital is seeking a SUI ETF which could also be the first of its kind. Read more: Bo Hines: ‘We want as much Bitcoin as we can get’

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