21Shares Launches First Polkadot ETP in the United States, Now Trading
BlockBeats News, March 7th, asset management company 21Shares launched the first physically-backed Polkadot ETF in the United States, with the ticker symbol TDOT, now trading on Nasdaq.
Eric Balchunas stated that the ETF started with $11 million in seed funding and has a management fee of 0.3%. Physically-backed cryptocurrency ETFs allow investors to speculate on the price movements without directly holding the digital assets.
21Shares indicated that Polkadot is a blockchain network designed to connect multiple independent blockchains and achieve interoperability. Currently, its native token DOT has a market capitalization of around $1.7 billion. Previously, 21Shares has launched physically-backed ETFs tracking the prices of assets such as Bitcoin, XRP, Solana, Dogecoin, and Sui.
You may also like

How to capture the next Alpha in the narrative of predictive markets?

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Oil prices are approaching a critical point. What will happen in mid-April?

The oil price is approaching a critical point, what will happen in mid-April?

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine

Who else cannot be distilled into skill?

Who else cannot be distilled into skill?

The huge shock in the South Korean cryptocurrency market: How should traders view it?

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

