NASDAQ formally requested permission from the Securities and Alternate Fee to record the 21 share Polkadot ETFs.
NASDAQ has submitted formal paperwork to the SEC to permit transactions with the Polkadot (DOT) Alternate-Traded Fund issued by Wealth Supervisor 21Shares.
The 19B-4 doc submitted by NASDAQ, often known as a proposal to alter guidelines, represents the second half of the usual ETF submission to the SEC.
Earlier this yr, 21 shares submitted a Spot Dot ETF submitting and up to date their S-1 software on March seventh. The S-1 kind known as a securities registration and is normally one of many first steps to deliver new ETFs to the market.
Below President Donald Trump’s new Digital Belongings Bureau, a number of points have examined the waters in crypto ETF submissions. 21 shares are additionally met for ETFs that observe different altcoins, reminiscent of Solana (sol) and (xrp). Greyscale bids for Spot Dot merchandise, Canary Capital can also be on the lookout for the primary SUI ETF of this sort.
