Acting on behalf of 21Shares, Nasdaq has made a request for the listing of a Polkadot exchange-traded fund.
Earlier in the year, 21Shares presented a request for a spot DOT exchange-traded fund and refreshed its S-1 request on March 7. The S-1 form, recognized as securities registration, is usually among the initial actions in introducing a fresh exchange-traded fund to the marketplace. Certain enterprises have previously attempted to submit requests for cryptocurrency exchange-traded funds under the guidance of President Trump’s novel pro-digital asset administration. The 19b-4 filing presented by Nasdaq, additionally recognized as a rule alteration proposal, signifies the latter portion of a standard exchange-traded fund request to the SEC. Nasdaq has submitted official documents to the SEC to permit trading of the Polkadot (DOT) exchange-traded fund issued by asset management firm 21Shares. Grayscale is additionally bidding for spot DOT products, whereas Canary Capital is pursuing a SUI exchange-traded fund, which may additionally be the pioneer of its kind. 21Shares has additionally submitted exchange-traded fund requests monitoring alternative coins such as Solana (SOL) and XRP.
Stoke Therapeutics Shares Drop as Head Leaves
Nasdaq has officially appealed to the U.S. Securities and Exchange Commission (SEC) for clearance to list the 21Shares Polkadot exchange-traded fund.
