Bloomberg analyst: 21Shares Polkadot ETF initial seed funding is approximately $11 million, with a fee rate of 0.3%

By: rootdata|2026/03/07 08:43:30

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Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that, according to disclosure information, the first spot Polkadot ETF launched by 21Shares in the U.S. market has a fee rate of 0.3%, with initial seed funding of approximately $11 million.

In the product description, 21Shares stated that what makes Polkadot unique is its aim to connect multiple independent blockchains into a single interoperable network, allowing developers to build and run their own customized blockchains on it.

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