PANews reported on March 7th that Eric Balchunas, senior ETF analyst at Bloomberg, stated on the X platform that, according to disclosed information, 21Shares launched its first spot Polkadot ETF in the US market today with a fee rate of 0.30% and initial seed funding of approximately $11 million. In its product description, 21Shares stated that Polkadot's unique feature is its design to connect multiple independent blockchains into an interoperable network, enabling developers to build and run their own custom blockchains on top of it.