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I just saw a new Polkadot ETF (TDOT) that was listed on Nasdaq last week. Issued by 21Shares, starting with a capital of around 11 million. It's interesting because the fee is only 0.35%, which is quite competitive for crypto products. So investors can now get exposure to DOT without the hassle of managing their own wallet, and can trade directly through regular brokers.
The current DOT price is $1.25 (down from 1.47 when the ETF launched). The chart pattern is testing support around 1.22, like a double bottom pattern. If the momentum reverses, it could be a signal for a further rebound.
Oh yes, Polkadot is also planning a tokenomics redesign in March — the supply will be limited to 2.1 billion tokens and emissions will be cut by more than 50%. Plus, the unbonding period will be drastically shortened. This could improve liquidity and possibly attract more staking. So the combination of ETF listing and these technical changes is worth monitoring for long-term investment.