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21Shares Launches the First Spot Polkadot ETF in the U.S., Now Live for Trading

21Shares Launches the First Spot Polkadot ETF in the U.S., Now Live for Trading

2026-03-07 00:31

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ChainThink report, on March 7, asset management firm 21Shares launched the first spot Polkadot ETF in the United States, with ticker TDOT, now trading on Nasdaq.


Eric Balchunas stated that the ETF's initial seed capital is $11 million, with an annual management fee of 0.3%. Spot crypto ETFs allow investors to speculate on price movements without directly holding digital assets.


21Shares notes that Polkadot is a blockchain network designed to connect multiple independent blockchains and enable interoperability. The native token DOT currently has a market capitalization of approximately $1.7 billion. Previously, 21Shares has launched spot ETFs tracking the prices of Bitcoin, XRP, Solana, Dogecoin, and Sui.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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