The U.S. Securities and Exchange Commission has officially acknowledged Nasdaq’s filing for 21Shares’ Polkadot exchange-traded fund, marking a key step in the approval process.
The SEC has confirmed 21Shares Polkadot (DOT) ETF filing by Nasdaq, dated March 20. If it’s approved, the ETF would be listed on Nasdaq, allowing regular investors to invest in Polkadot without holding DOT directly.
Nasdaq has officially submitted the 19b-4 form to the SEC seeking approval to list a Polkadot ETF from 21Shares on March 17. The filing marks the second key step in the typical ETF approval process. On March 6, 21Shares submitted the updated S-1 registration statement, while the initial application was submitted on Jan. 31.
With this filing, 21Shares joins Grayscale, which submitted its own application to list a spot Polkadot ETF on Nasdaq with the SEC on Feb. 25.
The acknowledgment by the SEC means that the regulatory body has kickstarted the formal evaluation period. During this time, the SEC will solicit public comments, assess the potential market impact, and determine whether the proposed Polkadot spot ETF complies with regulatory standards.
While the acknowledgment of the filing is a positive development for Polkadot, it’s important to note that the SEC has been slow and cautious in approving crypto ETFs, especially ones beyond Ethereum (ETH) and Bitcoin (BTC). They’ve delayed decisions on other ETFs like Ripple (XRP), Solana (SOL), and Litecoin (LTC), making it uncertain whether the Polkadot ETF will be approved quickly.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。