Grayscale Seeks to List a Polkadot ETF on Nasdaq

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Nasdaq has submitted a request to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT).

This move adds to the growing roster of proposed altcoin ETFs seeking regulatory approval and underscores the increasing institutional interest in cryptocurrencies beyond Bitcoin and Ethereum.

If approved, investors would gain access to a regulated, exchange-traded fund featuring the native DOT token for the Polkadot network.

The company already manages spot Bitcoin and Ether ETFs and has shown interest in launching similar funds for other digital assets. Proposing a Polkadot ETF aligns with their broader strategy to expand their suite of publicly traded crypto funds.