🚀 21Shares files with the SEC to launch a Polkadot (DOT) ETF in the US! 🎉

- It will be listed on the Cboe BZX exchange, with Coinbase as the DOT custodian.

- Previously, 21Shares launched the world's first Polkadot ETP in Switzerland in 2021.

- Polkadot currently ranks 18th by market capitalization, but its price has decreased by 5.16% over the past 12 months.

🔍 The market will determine the value of the Polkadot ETF. If there is no demand, the ETF may close.

- Risks: Increased supply of DOT, DOT may be considered a security.

- Web3 Foundation protects DOT from being classified as a security.

💬 What do you think about the future of the Polkadot ETF? Share your thoughts!