TechFlow reported on February 1 that, according to TheBlock, 21Shares, a company focused on exchange-traded funds, has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a Polkadot Trust Fund. The fund will trade on Cboe BZX Exchange, Inc. and track the performance of DOT, the native token of the Polkadot Network. As stated, Coinbase Custody Company, LLC will serve as custodian for the fund's DOT holdings.
Earlier this week, Tuttle Capital filed applications for 10 leveraged cryptocurrency ETFs, including one designed to track Polkadot.
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