#NextCryptoETFs?

**Polkadot ETF News Update (2025)**

Nasdaq has filed with the SEC to list a spot Polkadot (DOT) ETF on behalf of 21Shares, aiming to track DOT's price with Coinbase as custodian . This follows 21Shares' amended S-1 filing and parallels Grayscale’s recent Polkadot ETF application, signaling growing institutional interest . The ETF could boost DOT’s mainstream adoption, though regulatory uncertainty remains as the SEC reviews its security status . DOT’s price reacted with short-term volatility, gaining 12.5% weekly but still down 58% year-over-year . Analysts highlight Polkadot’s upcoming JAM upgrade and unique interoperability as long-term value drivers, but approval timelines are unclear .