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December 21, 2024

Delaware Registers Polkadot Trust for Possible ETF Launch

21Shares, a notable provider of crypto exchange-traded products, recently registered the 21Shares Polkadot Trust in Delaware. This significant filing occurred on December 19, 2024, signaling the potential launch of an exchange-traded fund for the cryptocurrency Polkadot (DOT).

Polkadotโ€™s innovative technology emphasizes interoperability and security across blockchains. A focused ETF would provide investors with easier access to this unique asset class, potentially attracting more institutional interest.

This development signifies a growing trend of traditional investment vehicles integrating cryptocurrencies, which may lead to enhanced legitimacy and stability in the crypto market.

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