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).
Polkadotโs 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.