ChainCatcher news, according to market news, Nasdaq has submitted a 19b-4 application for Grayscale DOT ETF.

ChainCatcher news, 21Shares has submitted an S-1 registration application to the U.S. Securities and Exchange Commission (SEC) to launch a Polkadot trust fund.In response, Bloomberg ETF analyst James Seyffart stated that the market will ultimately determine whether there is demand for a spot Polkadot ETF. He explained, "The market will determine where the value lies and whether it is worthwhile to launch such products. If no one invests in the Polkadot ETF, it will shut down. People are free to launch any ETF approved by the U.S. Securities and Exchange Commission."

ChainCatcher news, according to The Block, the company 21Shares, which focuses on exchange-traded funds, has submitted an S-1 registration application to the U.S. Securities and Exchange Commission (SEC) to launch a Polkadot trust fund. It will be traded on the Cboe BZX Exchange, Inc. and will track the performance of Polkadot Network's native token DOT. According to the statement, Coinbase Custody Company, LLC will custody its DOT.Earlier this week, Tuttle Capital applied for 10 leveraged cryptocurrency ETFs, including one that tracks Polkadot.