Analyzing the market’s lukewarm reaction to 21Shares’ Polkadot ETF filing – BitRss

• 21Shares made an S-1 filing with the U.S SEC for a Polkadot ETF
• Crypto community shared their mixed reactions when news of the application broke out

It looks like the altcoin ETF craze isn’t slowing down in 2025. As the market awaits the SEC’s decision on Solana, Litecoin, XRP ($2.99), and Dogecoin applications, Polkadot has joined the list now. 

On 31 January, digital asset manager 21Shares filed an S-1 form (registration statement) with the regulator for its proposed Polkadot ETF. This marked the first application for the altcoin in the …