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21Shares has registered the "21Shares Polkadot Trust" in Delaware, signaling a potential launch of a Polkadot (DOT) Exchange-Traded Fund (ETF) aimed at both institutional and retail investors. This move comes amid growing institutional interest in cryptocurrency and anticipated regulatory clarity in the U.S., particularly with a pro-crypto stance from President-elect Donald Trump. As Polkadot prepares for its Polkadot 2.0 release in Q1 2025, its innovative technology and collaborations, such as with Alchemy Pay, are enhancing its global presence and interoperability.
Bitwise has launched the Solana Staking ETP in Germany, offering an annual percentage return of 6.48%, surpassing competitors like 21Shares. While U.S. regulatory challenges persist, optimism for future spot ETF approvals is growing, with expectations of a favorable outcome by the end of 2025. European investors are currently benefiting from innovative Solana-based products as the market evolves.
21shares has registered a Polkadot trust in Delaware, signaling preparations for a potential DOT-indexed exchange-traded fund (ETF). This move is part of a broader trend, with analysts anticipating a wave of new ETFs in the market.
Digital asset investment products saw a remarkable $3.2 billion in inflows last week, pushing year-to-date totals to $44.5 billion, driven primarily by Bitcoin and Ethereum ETFs. XRP also experienced significant interest, with $145 million in inflows, as Ripple prepares to launch its RLUSD stablecoin. Bitcoin reached a new all-time high of $107,822, while Ethereum attracted $1 billion in inflows, marking a record for the year.
On December 10, 2024, spot bitcoin and ethereum ETFs attracted a remarkable $745.3 million in inflows, highlighting strong investor interest. Bitcoin ETFs led with $439.56 million, while ethereum ETFs garnered $305.74 million, bringing cumulative totals to $34.35 billion and $1.87 billion, respectively. Despite some losses in specific funds, the overall trend indicates robust participation in these digital asset markets.
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