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A new investment product for Polkadot has launched in the United States. Asset manager 21Shares has introduced the first U.S. spot Polkadot ETF, trading on Nasdaq under the ticker TDOT.
The ETF allows investors to get exposure to Polkadot’s price without directly buying or holding DOT tokens. Instead, the fund holds real DOT and tracks its market value.
The fund launched with about $11 million in initial assets and charges a 0.30% management fee. This move shows the growing demand for regulated crypto investment products beyond Bitcoin and Ethereum. 📈
#ETF #Ethereum