21Shares Introduces First Spot Polkadot ETF on Nasdaq

Swiss-based investment firm 21Shares has expanded its portfolio of crypto-focused exchange-traded funds (ETFs) with the launch of a Polkadot ETF on the Nasdaq. The new fund, which trades under the ticker TDOT, is the first spot Polkadot ETF available to US investors.

The fund holds physical Polkadot tokens as its main asset and charges a 0.3% management fee. According to Federico Brokate, Global Head of Business Development at 21Shares, Polkadot represents one of the most technically advanced blockchain ecosystems in the world today.