Crypto
21Shares lists first U.S. Polkadot spot ETF on Nasdaq
21Shares has launched what was described as the first U.S. spot Polkadot exchange-traded fund, The Block reported on Thursday. The ETF began trading on the Nasdaq under the ticker symbol TDOT. Bloomberg senior ETF analyst Eric Balchunas said the fund started with $11 million in initial assets and has a 0.3 percent fee. 21Shares said Polkadot is designed to connect multiple independent blockchains into an interoperable network.