Recently, 21Shares launched the first Polkadot spot ETF in the US with the ticker TDOT. It has started trading on Nasdaq, and their initial fund is only $11 million with a management fee of 0.3%. Pretty interesting, because Polkadot coins currently have a market cap of around $2.07 billion. This spot ETF is good for investors who want to speculate on the price without having to hold digital assets directly. 21Shares has previously created ETFs for Bitcoin, XRP, Solana, Dogecoin, and Sui. The Polkadot coin is designed to connect multiple blockchains to achieve interoperability. This might be a good signal for the Polkadot token in the market, especially with adoption of spot ETFs like this. Do you hold DOT?

DOT-3.94%
BTC-1.57%
XRP-2.58%
SOL-2.92%
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