The NASDAQ officially asked the Securities and Exchange Commission (SEC) of the United States to authorize the list of Swiss assets 21Shares and the commercial shares of a Polkadot Stock Exchange (DOT).
The exchange submitted a 19B-4 file to the SEC, requesting permission to list the ETF if it is approved by the regulator.
The proposed fund would follow the DOT cash price, the native cryptocurrency of the Polkadot network. The file follows on an S-1 form modified subject by 21Shares earlier this year, marking another step in the push of the company to provide more cryptographic investment products on the market.
21Shares also seeks the regulatory approval of funds linked to XRP and Sola de Solana. The company recently announced that it was about to liquidate two crypto ETFs actively managed in the middle of the market slowdown.
Grayscale Investments, a Crypto asset management company, also deposited with the SEC to launch a Polkadot ETF, signaling a wider interest in the assets.
