Grayscale Investments has officially submitted a filing to the SEC for a Polkadot (DOT) spot ETF, aiming to list it on Nasdaq.
Grayscale Pushes for Polkadot ETF
Following its expansion into multiple cryptocurrency trusts, Grayscale has now taken a step toward launching a Polkadot ETF. Nasdaq has submitted a Form 19b-4 request with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT).
SEC Review Underway
With the filing now in motion, the SEC has 45 days to review the application. The agency can approve, deny, or extend the review period, a process that has played out with other cryptocurrency ETFs in the past.
Institutional Interest in Polkadot?
If approved, the Polkadot ETF could mark a major step toward institutional adoption, offering traditional investors exposure to DOT without directly holding the asset. The move signals Grayscale’s continued push for regulated cryptocurrency investment products, following its previous spot Bitcoin ETF launch.
