PANews reported on March 18 that according to documents submitted by Nasdaq, 21Shares plans to launch a Polkadot spot ETF (21Shares Polkadot Trust) and has submitted a listing application to the SEC. The ETF is managed by 21Shares US LLC and hosted by Coinbase Custody. It uses the CME CF Polkadot Index as a benchmark, allowing investors to gain exposure without directly holding DOT. Currently, the application is still awaiting approval from the SEC.