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Bloomberg Analyst: 21Shares Polkadot ETF Has a 0.3% Fee and Initial Seed Capital of Approximately $11 Million
06/03/2026 09:31
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Svmuu News: Eric Balchunas, a senior ETF analyst at Bloomberg, posted on X that, according to disclosures, the first spot Polkadot ETF launched today by 21Shares in the U.S. market has a fee rate of 0.30% and an initial seed capital of approximately $11 million. In its product description, 21Shares noted that Polkadot’s uniqueness lies in its design to connect multiple independent blockchains into an interoperable network, enabling developers to build and operate their own customized blockchains on top of it.
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