Grayscale Investments filed for a spot Polkadot fund on Nasdaq amid a shifting regulatory environment that includes ETF proposals for XRP, LTC, SOL, DOGE and HBAR.
The Nasdaq Stock Exchange has filed a 19b-4 filing with the US Securities and Exchange Commission (SEC) seeking approval to list and trade Grayscale POLKADOT ETF in a bid to expand investment opportunities for crypto savvy investors.
The crypto fund issuer received SEC acknowledgement on Monday for a Cardano fund and has applied to convert its XRP Trust into an ETF.
Nasdaq seeks Grayscale Polkadot fund approval
Nasdaq moves to list a Polkadot ETF, signaling growing demand for regulated crypto investments and expanding options for investors.
TL;DR Grayscale has filed for approval of a Polkadot-based ETF, joining the trend of new proposals for crypto funds. The crypto market saw significant drops, with Bitcoin falling 8.2% and Polkadot 6%, though it slightly recovered from daily lows.
21Shares was the first issuer to file for a DOT ETF on Jan. 31 as altcoin ETF filings continue to pile in.
Nasdaq's filing adds to an expanding list of proposed altcoin ETFs awaiting SEC approval in the United States.
Grayscale Investments has submitted an application to the Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) tied to Polkadot (DOT), the native token of the Polkadot blockchain.
The SEC's decision on the Polkadot ETF could set the tone for broader regulatory acceptance of crypto investment products.
Polkadot's (DOT) price has recovered despite the recent crypto market crash after Nasdaq filed a request with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot ETF. This move follows similar filings for other altcoins, including XRP and Cardano.
This filing follows similar moves for XRP and Cardano ETFs after the SEC adopted a more crypto-friendly approach.
Grayscale, a leading digital asset management company, has applied to the US Securities and Exchange Commission (SEC) to launch a Polkadot exchange-traded fund (ETF) on the Nasdaq exchange. According to the Feb. 25 filing, the ETF aims to expose investors to Polkadot's DOT by tracking the token's price performance.
Nasdaq has submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) for the Grayscale Polkadot ETF today, signaling a potential new investment vehicle for institutional and retail investors.
Nasdaq's move to list a Polkadot ETF could boost institutional crypto adoption, signaling growing acceptance and integration of digital assets. The post Nasdaq files to list and trade Grayscale Polkadot ETF under ticker DOT appeared first on Crypto Briefing.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Polkadot (DOT) is once again making waves in the cryptocurrency market after a notable technical breakout that has caught the attention of traders and investors alike. The blockchain platform has been battling market uncertainty for some time, but recent developments suggest a potential upward momentum that could lead to a rally toward the psychological $10 threshold.
Polkadot's falling wedge breakout signals mid-term bullish momentum as the market remains uncertain of DOT's future.
Polkadot (DOT), one of the leading cryptocurrencies in the blockchain space, is currently at a crossroads. As the price approaches the $3.74 support level, investors and traders alike are anxiously waiting to see if this key price point will hold.
Polkadot price has crashed in the past few years and is now hovering near its all-time low. DOT traded at $4.95 on Thursday morning, down by 56% from its highest level in November last year. Let's explore some of the top reasons why the Polkadot coin may bounce back soon.
Polkadot's price action at $3.74 support will shape its next potential move.
The Polkadot Blockchain Academy (PBA) will offer legislative officials their first course on Web3 and the crypto regulatory framework. The Blockchain Basics for Policymakers certification program will be held from April 6 to April 8, 2025, in Zug, Switzerland, a region known as “Crypto Valley.
The Polkadot Blockchain Academy has introduced “Blockchain Basics”, a three-day educational course aimed at equipping lawmakers with the knowledge needed to create robust crypto policies.
Polkadot Blockchain Academy launched the world's first blockchain course for political policymakers, with UK MPs attending the inaugural three-day program in Switzerland.
An initiative to bridge the gap between innovation and regulation
Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.
Polkadot (DOT) has recently shown strong signs of a bullish breakout, with its price climbing by 12.13% over the past week. At the time of writing, the altcoin was trading at $5.13, marking a minimal decline in the last 24 hours.
DOT could be gathering the momentum needed for a major boom.
Polkadot has underperformed its closest peers like Solana, Binance Coin, and Tron as it remained in a three-year consolidation between $3.85 and $11.7.
Polkadot (DOT) is a prominent cryptocurrency that has been gaining attention in the blockchain ecosystem since its inception in May 2020. As a multi-chain network, Polkadot aims to offer interoperability among various blockchains, creating a decentralized web where data can seamlessly flow across different platforms.
Having crafted a name for itself as an open-source sharded multichain protocol that enables cross-chain transfers, Polkadot (DOT) has emerged as a notable figure in the crypto space.
In a market often characterized by sharp swings and unpredictable trends, Polkadot (DOT) has emerged as a beacon of stability, defying broader volatility to hold above the critical $4.8 support level. While other altcoins experience uncertainty, DOT has managed to maintain stability, signaling strong buying interest at this key price zone.
Polkadot (DOT) has shown signs of recovery following a prolonged downtrend, surging nearly 8% in its latest session. The price moved from an opening value of $4.809 to close at $5.227, fueling hopes of a potential trend reversal.
Polkadot posted an 8% gain in its latest session, signaling renewed bullish interest. However, key resistance levels must be cleared for a sustained uptrend.
Polkadot (DOT) is currently garnering significant attention, with many investors keeping an eye on its recent price movement and the improving macroeconomic factors around the cryptocurrency. One of the major drivers of interest in Polkadot is its ongoing efforts to reduce inflation, which has dropped to 7.78% following a community-led initiative aimed at making the tokenomics more sustainable for the future.
Polkadot price has crashed and formed a highly bearish pattern, pointing to more downside in the near term. DOT token has crashed by almost 60% from its highest swing in November last year. It is loitering near the lowest swing since November last year.
Declining inflation, strong price action, and social interest could have a say going forward.
The world of cryptocurrencies is burning with excitement over the possibilities AI brings to online trading, projected to hit $20.5 billion by 2030. While established players like Chainlink (LINK) and Polkadot (DOT) dominate blockchain infrastructure, IntelMarkets (INTL), an AI-driven platform that raised $8.5 million and dual-chain architecture, could challenge their market positions.
Polkadot Blockchain Academy has announced the launch of The JAM Course. This is an educational program designed to introduce the brightest technical minds from around the industry to the visionary new architecture powering Polkadot.
Polkadot Blockchain Academy is looking to empower the next wave of web3 developers via a new educational program targeted at the Polkadot ecosystem.
Polkadot Blockchain Academy (PBA), the educational branch of the Polkadot (DOT) ecosystem, has announced the launch of The JAM Course, a specialized program designed to help developers make innovations in Polkadot's blockchain architecture, as per the reports shared with Finbold on February 10.
TL;DR Polkadot experienced a 200% increase in monthly transactions in the fourth quarter of 2024, driven by the use of rollups like Neuroweb and Frequency. The network launched bridges like Snowbridge and Hyperbridge, enhancing interoperability and the security of cross-chain transfers between DOT and other networks like Ethereum.
Ethereum price has struggled this year as it faced numerous challenges, including the rising competition with Solana and Base. ETH has dropped to $2,815, down by over 30% from its highest level this year. So, let's explore some of the best Ethereum rivals to invest in and turn $100 to $1,000 by March 31st.
The race for blockchain dominance is intensifying, and while Polkadot (DOT) has been a pioneer in interoperability and scalability, a new contender is rising—Lightchain AI.
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!