The first Polkadot spot ETF in the United States launches on NASDAQ with an initial size of approximately $11 million

GateNews

Global Markets

Source: panews

2026-03-06 15:54:44

DOT-2,61%

BTC-3,63%

XRP-2,49%

SUI-5,32%

Gate News: On March 6, the crypto fund issuer 21Shares launched the United States’ first spot Polkadot ETF, trading under the ticker TDOT on NASDAQ. Bloomberg senior ETF analyst Eric Balchunas stated that the fund’s initial size is approximately $11 million, with a management fee of 0.3%. This product provides investors with a tool to track the spot price of Polkadot (DOT) without directly holding the tokens. 21Shares has previously issued several spot crypto ETFs, including products for Bitcoin, XRP, Sui, Solana, Dogecoin, and other altcoins, with the XRP fund managing about $174 million. The current price of DOT is approximately $1.47, with a total market cap of around $1.7 billion.

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