Market News

SEC Delays Decision on Polkadot ETF: What It Means for Investors

The U.S. Securities and Exchange Commission (SEC) has postponed its ruling on the 21Shares Polkadot (DOT) Spot Exchange-Traded Fund (ETF) from June 24, 2025, to November 8, 2025.

This delay aligns with the SEC's cautious approach to evaluating several crypto-related ETFs, raising concerns among investors.

Notably, the 21Shares Polkadot ETF is targeting a listing on the Cboe BZX Exchange, with Coinbase acting as its custodian.

The SEC's insistence on thorough analysis before making decisions stems from the inherent risks associated with cryptocurrency investments.

Despite the uncertainty surrounding the ETF's approval, Polkadot's price surged around 7%, fueled in part by positive market sentiment following geopolitical news.

This price increase suggests that investors still believe in the long-term potential of Polkadot, viewing regulatory delays as temporary setbacks.

Bloomberg analysts express optimism about crypto ETF approvals, estimating a 90% chance for Polkadot and similar assets to receive the green light.

21Shares, which previously launched the first Polkadot ETP in Switzerland, is eager to tap into the U.S. market with this ETF.

The SEC's final decision could significantly impact institutional investment in Polkadot, depending on the product's acceptance and regulatory compliance.

As November approaches, traders and enthusiasts will be watching closely, hoping for a favorable outcome.