Share this article
Grayscale Files for Polkadot ETF, Adding to Portfolio of Offered Funds
This filing follows similar moves for XRP and Cardano ETFs after the SEC adopted a more crypto-friendly approach.
Feb 25, 2025, 2:26 p.m.
What to know:
- The Nasdaq exchange filed a request with the SEC to list and trade shares of the Grayscale Polkadot Trust (DOT).
- Grayscale recently filed to convert its XRP Trust into an ETF and to list a spot Cardano ETF.
- Polkadot’s DOT is trading at $4.4 after a 6.7% loss in the last 24 hours.
Grayscale Investments, a crypto asset-management company looking to add XRP and Cardano exchange-traded funds to its offerings, is now starting down the route for an ETF investing in Polkadot's DOT token as well.
Nasdaq has filed a formal Form 19b-4 request with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT). The filing starts a 45-day review period for the regulator to acknowledge the filing. The regulator can approve, or disapprove the application or extend the review period.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In recent weeks, Grayscale, which already offers bitcoin and ether ETFs, has filed with the SEC to convert its XRP Trust into an exchange-traded fund, and filed to list a spot Cardano ETF. These filings come as the SEC pivots to a more friendly approach to the digital asset industry under the Trump administration, having recently dropped numerous crypto-related investigations, including against Robinhood and non-fungible token marketplace OpenSea.
Grayscale has never offered a standalone Polkadot product. The filing sees it join crypto asset manager 21Shares, which late last month filed to list a spot Polkadot ETF with the SEC as well.
Polkadot’s DOT is at the time of writing trading at $4.4 after losing 6.7% of its value in the last 24-hour period amid a wider cryptocurrency market downturn.
Meer voor jou
Wat u moet weten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Больше для вас
Trump’s Security Strategy: Impact on Bitcoin, Gold, Bond Yields
The White House's new National Security Strategy emphasizes increased global fiscal expansion and military spending.
Что нужно знать:
- The White House's new National Security Strategy emphasizes increased global fiscal expansion and military spending.
- NATO allies are urged to raise defense spending to 5% of GDP, significantly higher than the previous 2% mandate.
- Heightened government borrowing could lead to higher bond yields and inflation, complicating interest rate cuts.
Top Stories
