$DOT ETF DELAYED — BUT MARKET SURGES 15% ❗️🚀
Unusual Timing? SEC Delays Grayscale’s Polkadot ETF Decision to June 11 ⏳
The U.S. SEC just pushed back its decision on Grayscale’s proposed Polkadot Spot ETF — right after a quiet week and just ahead of key May comment deadlines. The timing has raised eyebrows across crypto desks.
Grayscale Responds: "We’re Still Confident" ✅
Grayscale has reassured the community, saying they’ll keep working closely with the SEC and Nasdaq to meet all investor protection standards. Confidence in the spot ETF structure remains strong.
Nasdaq Preps Listing Infrastructure 📊
Even with the delay, Nasdaq has laid out its rulebook: daily share creation/redemption, plus real-time tracking of DOT’s price once listed. This is a key milestone in moving Polkadot into mainstream investment channels.
Stay Safe: Scammers Love ETF Hype ⚠️
Remember: scammers may exploit ETF news to push fake airdrops or token sales. Only trust official sources and verified project links. No legitimate team will ever DM you for funds.
+15% on the Week — DOT Isn’t Waiting for Approval 🚀
In just 24 hours after the delay, DOT spiked +2.4% — and +15% on the week. Meanwhile, hedge volume on DOT options jumped, hinting at traders bracing for big moves ahead. Eyes now turn to early May for the next update.
The ETF race is heating up — and DOT is holding strong even before any approval.
#PolkadotETF #CryptoNews #DOTCommunity #Grayscale #ETFWATCH
Disclaimer: This post is for informational purposes only. Always do your own research before investing.