Nasdaq Files to List 21Shares’ Polkadot ETF

Nasdaq has requested approval from the US Securities and Exchange Commission (SEC) for Swiss asset manager 21Shares to list and trade shares of a Polkadot (DOT) exchange-traded fund (ETF).

The exchange submitted a 19b-4 filing to seek permission to list the ETF upon regulatory approval.

The proposed fund aims to track the spot price of DOT, the native cryptocurrency of the Polkadot network. This follows an amended S-1 form submitted by 21Shares earlier this year, as part of their efforts to introduce more crypto investment products.

21Shares is also pursuing regulatory approval for funds linked to XRP and Solana’s SOL. The company recently announced plans to liquidate two actively managed crypto ETFs due to the market downturn.