Polkadot crashes to key price: here's why it may rebound 500%
Polkadot price crashed to a key level this week as it continued to underperform other popular layer-1 coins like Solana and Mantra. Polkadot (DOT) dropped to a low of $3.
Keep up with what's happening in the crypto world in real-time.
Polkadot price crashed to a key level this week as it continued to underperform other popular layer-1 coins like Solana and Mantra. Polkadot (DOT) dropped to a low of $3.
Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.
FXGuys surges past Polkadot and Chainlink with $2.6M raised in presale, staking, Trade2Earn, and trading incentives. Discover the $FXG token today!
Following the influx of new crypto-based exchange-traded funds (ETFs) in the United States, investment management firm 21Shares has submitted paperwork to launch a spot Polkadot ETF.
The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021.
Asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch a Polkadot (DOT) exchange-traded fund (ETF). According to the filing on January 31, 2025, the goal is to list the 21Shares Polkadot Trust on the Cboe BZX crypto exchange, with Coinbase acting as the custodian of the DOT.
21Shares is making a bold move by applying for the first-ever spot Polkadot ETF in the U.S.
Crypto whales—large investors who hold significant amounts of digital assets—often influence market trends in ways that are not immediately visible to retail traders. While XRP, Solana, and Polkadot continue to dominate headlines, behind the scenes, institutional investors and high-net-worth individuals are making strategic moves that suggest major developments ahead.
Here's how the crypto community reacted to the first U.S Polkadot ETF application.
21Shares is taking a radical step in the crypto investment sector by submitting a spot Polkadot (DOT) exchange-traded fund (ETF) application to the US Securities and Exchange Commission (SEC). If given the green light, this ETF would enable investors to acquire direct exposure to Polkadot without the need to purchase and maintain the cryptocurrency themselves.
DOT, Polkadot's native cryptocurrency is up by 6% as asset manager 21Shares filed for a spot Polkadot ETF, the first such filing for this altcoin. As a result, the DOT price has made quick gains shooting to $6.5 as analysts believe that a potential breakout could lead to a new high ahead.
Asset management firm 21Shares has officially filed with the SEC to introduce a spot Polkadot exchange-traded fund (ETF). The post 21Shares Seeks SEC Approval for Polkadot ETF Launch in Latest Filing appeared first on Cryptonews.
Asset management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC).
Amid the surge in new crypto ETF filings in the U.S., asset management firm 21Shares has applied to launch a spot Polkadot ETF. The Asset management firm 21Shares has filed with the US SEC to launch a spot Polkadot exchange-traded fund (ETF).
Amid the influx of new crypto ETF filings in the United States, asset management firm 21Shares has filed to launch a spot Polkadot ETF.
Asset management firm 21Shares filed an S-1 with the SEC for a Polkadot ETF. The company plans to list shares on the Cboe BZX Exchange.
21Shares files for a Polkadot ETF under an S-1 registration, following Tuttle Capitals leveraged DOT ETF filing earlier this week. The post 21Shares files for Polkadot ETF, marking the second DOT-focused fund filing this week appeared first on Crypto Briefing.
Investment management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC). This DOT-focused fund marks one of the non-conventional crypto ETF applications filed with the regulator this week.
Exchange-traded fund-focused firm 21Shares has filed for a Polkadot Trust in a bid to get the SEC's sign-off.
Polkadot (DOT), one of the most promising cryptocurrencies in the market, has become a favorite among investors looking for long-term gains. The network's revolutionary technology, designed to allow interoperability between different blockchains, continues to attract attention from both developers and investors.
Polkadot has created history with its mind blowing hold over the world. The financial system was revolutionized when Polkadot started climbing the ladder.
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The ETFs aim to track 200% of their reference assets' daily performance through swaps, call options, and direct investments.