{"id":48117,"date":"2025-02-25T13:53:26","date_gmt":"2025-02-25T13:53:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/grayscale-files-for-polkadot-etf\/"},"modified":"2025-02-25T13:53:26","modified_gmt":"2025-02-25T13:53:26","slug":"grayscale-files-for-polkadot-etf","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/grayscale-files-for-polkadot-etf\/","title":{"rendered":"Grayscale files for Polkadot ETF"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/1650816375192-5c33f4ad-8d6a-4e09-8d50-9fa99cf025a0-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/1650816375192-5c33f4ad-8d6a-4e09-8d50-9fa99cf025a0-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/1650816375192-5c33f4ad-8d6a-4e09-8d50-9fa99cf025a0-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/11\/1650816375192-5c33f4ad-8d6a-4e09-8d50-9fa99cf025a0-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Grayscale has filed a Polkadot ETF application with the Securities and Exchange Commission (SEC).<\/span><\/li>\n<li><span style=\"font-weight: 400\">It\u2019s the latest spot ETF application, with this one on Polkadot joining the filing by 21Shares earlier this month.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Grayscale Investments has filed for a Polkadot (DOT) exchange-traded fund, the latest in a series of crypto ETF applications issuers have submitted in the past few months.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bloomberg senior ETF analyst Eric Balchunas <\/span><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1894362325131383088\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">shared<\/span><\/a><span style=\"font-weight: 400\"> the news on X on Feb. 25.<\/span><\/p>\n<p><span style=\"font-weight: 400\">With the broader market down as prices crashed, news of <a href=\"https:\/\/coinjournal.net\/news\/tag\/grayscale\/\">Grayscale<\/a>\u2019s filing for a Polkadot (DOT) ETF, did not have an immediate impact on DOT price. At the time of writing, the altcoin\u2019s value hovered around $4.44, down more than 6% in the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Polkadot\u2019s price had bounced slightly from lows of $4.15 seen earlier in the day.<\/span><\/p>\n<h2>Grayscale adds to Polkadot spot ETF filings<\/h2>\n<p><span style=\"font-weight: 400\">Grayscale is one of the digital asset managers to aggressively launch various crypto products. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Among its spot ETF applications before the Securities and Exchange Commission are filings for listing and trading of Litecoin, <a href=\"https:\/\/coinjournal.net\/news\/sec-acknowledges-grayscales-dogecoin-and-xrp-etf-filings\/\">XRP<\/a>, Cardano, Dogecoin and Solana exchange-traded funds.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Grayscale Polkadot Trust is the latest spot ETF application. <\/span><\/p>\n<p><span style=\"font-weight: 400\">With Nasdaq Market\u2019s filing of the proposed rule change, the DOT ETF filing joins others already eyeing SEC approval. Importantly, the SEC has acknowledged several of forms 19b-4, setting the ball rolling in that process towards final approval or rejection.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, Grayscale\u2019s filing of the 19b-4 comes a few weeks after asset manager 21Shares filed for a Polkadot ETF. The company\u2019s proposed 21Shares Polkadot Trust looks to list on the Cboe BZX Exchange, with Coinbase as the custodian.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Recently, Canary Capital filed the 19b-4 for its HBAR spot ETF. The asset manager\u2019s filing came a few days after it amended its S-1 filing. <\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Balchunas, the move means the SEC gave comments on the HBAR ETF. <\/span><\/p>\n<p><span style=\"font-weight: 400\">What this means is that HBAR and Litecoin have the \u201cbest odds\u201d of getting approved among the altcoin ETF filings, the analyst <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1893997773256622197\" target=\"_blank\" rel=\"noopener\">posted<\/a> on X.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/grayscale-files-for-polkadot-etf\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Grayscale has filed a Polkadot ETF application with the Securities and Exchange Commission (SEC). It\u2019s the latest spot ETF application, with this one on Polkadot joining the filing by 21Shares earlier this month. Grayscale Investments has filed for a Polkadot (DOT) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":48118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48117"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=48117"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/48117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/48118"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=48117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=48117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=48117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}