Grayscale's request for a spot Polkadot ETF faced a delay from the SEC on April 24, 2025. This reflects the SEC's cautious stance towards crypto products, similar to past delays on crypto ETFs.
Despite the delay, no immediate market disruptions were observed. Investors interested in Polkadot through this ETF must await further SEC decisions.
The situation emphasizes the regulatory landscape's influence on cryptocurrency. Historical patterns show that such delays often lead to market prudence and cautious investor sentiment.
Full story here: https://coincu.com/334145-sec-delays-grayscale-polkadot-etf
