$DOT #ETF Decision Delayed by SEC Until November


The Securities and Exchange Commission has postponed its decision on 21Shares' spot $DOT ETF application until Nov. 8.


#Bloomberg analysts assign a 90% probability of approval despite the current delay.


The proposed fund would track Polkadot's native token performance through passive investment and direct custody holdings.


21Shares plans to use the CME CF Polkadot-to-Dollar Reference Rate as the benchmark, calculated from major $DOT trading platforms.


Regulatory experts consider the delays normal procedure for #ETF applications under SEC review.


The fund aims to offer direct #cryptocurrency exposure to investors through a regulated investment vehicle.


Digital asset management firms continue pushing for #altcoin ETF approvals following successful $BTC and $ETH precedents.

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June 24, 2025 at 7:26 PM
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