<ul data-eligibleForWebStory="true"><li>The SEC has delayed the decision on 21Shares' Spot Polkadot ETF application.</li><li>The application aims to offer U.S. investors direct exposure to Polkadot's native token, DOT, through a regulated investment vehicle.</li><li>Analysts believe the delay is procedural and estimate a 90% chance of approval by the November 8 deadline.</li><li>Delays in ETF approval, especially for crypto-related products, are common.</li><li>The 21Shares Polkadot ETF would track DOT's price using the CME CF Polkadot-Dollar Reference Rate.</li><li>This benchmark aggregates pricing data from top DOT trading venues for a reliable valuation standard.</li><li>If approved, the ETF would offer secure, regulated access to DOT through direct token custody.</li><li>Investors would no longer need self-managed wallets or trade on unregulated platforms.</li><li>The ETF structure aims to simplify exposure for both institutional and retail investors.</li><li>The SEC's decision will be significant as it could indicate regulatory sentiment toward altcoin-based spot ETFs.</li></ul>

SEC Delays Decision on 21Shares’ Spot Polkadot ETF Application

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