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Grayscale Pushes for Polkadot ETF as SEC Turns Crypto-Friendly

February 26, 2025
Grayscale Investments, a leading digital asset management firm, is advocating for the creation of an exchange-traded fund (ETF) for Polkadot (DOT-USD) as the US Securities and Exchange Commission (SEC) shows signs of becoming more crypto-friendly. Polkadot, a decentralized platform that enables the transfer of any type of data or asset across multiple blockchains, has gained significant traction in the crypto market. Grayscale's move to push for a Polkadot ETF signifies the growing interest in this innovative technology. Investors who believe in the future of Polkadot can now potentially benefit from the diversification and convenience offered by an ETF. As the SEC continues to embrace the crypto industry, it is expected that the approval process for a Polkadot ETF will gain momentum.
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