⬆️PolkaJune⬆️
⬆️ DOT ETF⬆️
Timeline of the Polkadot ETF (Grayscale and 21Shares)
Grayscale:
➖Grayscale filed its application to launch a Polkadot ETF on February 25, 2025.
➖The U.S. Securities and Exchange Commission (SEC) began its formal review of the application on March 13, 2025.
➖On April 24, 2025, the SEC announced a 45-day extension for its decision, setting a new deadline for June 11, 2025.
The proposal aims to list the "Grayscale Polkadot Trust" on Nasdaq, offering investors direct exposure to the DOT token through a spot ETF.
21Shares:
➖21Shares filed its application to launch a Polkadot ETF on January 31, 2025.
➖On March 17, 2025, Nasdaq submitted Form 19b-4 to the SEC to list the ETF, marking a key step in the approval process.
➖The SEC officially accepted the application on March 20, 2025, initiating the formal review period.
➖A decision on this ETF is scheduled for June 24, 2025.
The proposal aims to list the "21Shares Polkadot Trust" on the Cboe BZX Exchange, with Coinbase as the custodian of the DOT tokens.
The U.S. Securities and Exchange Commission (SEC) can postpone a decision on an ETF up to three times after receiving the initial application, within a maximum period of 240 days from the filing date.
