21Shares Files S-1 with SEC for Polkadot ETF Approval.
The investment management company 21Shares filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to introduce a Polkadot (DOT) ETF.
The SEC filing regarding Polkadot’s potential stands as a distinctive crypto ETF application among the submissions received this week. The proposed Polkadot ETF will receive listing approval from the Cboe BZX Exchange.
The fund operates to track DOT prices while refraining from any speculative trading activities that would involve buying or selling at market peaks or troughs according to the S-1 filing. 21Shares confirmed that the ETF will not participate in speculative trading.
The fund’s operations will exclusively track the CME CF Polkadot-Dollar Reference Rate price of DOT without any derivative or leverage components.
