More altcoin ETF filings as 21Shares files for a spot Polkadot ETF
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Key takeaways 21Shares has filed for a spot Polkadot ETF, increasing the number of altcoin ETF applications with the SEC. Dogizen’s fifth presale will soon end as the amount raised surpasses $3.8m. 21Shares files for a Polkadot ETF Exchange-traded fund-focused firm 21Shares has filed for a spot Polkadot ETF with the U.S. Securities and Exchange Commission (SEC). This is the first spot Polkadot ETF application with the regulator as asset management firms file for more altcoin ETFs. Following the SEC’s approval of spot Bitcoin and Ethereum ETFs last year, asset management firms have filed for other crypto spot ETFs in a bid to provide exposure to institutional investors. So far, spot ETF applications have been filed for Solana, XRP, Litecoin, and Dogecoin. Polkadot now joins the club as 21Shares seeks to provide investors with exposure to the DOT cryptocurrency. What is Dogizen? Altcoins are gaining traction in the market thanks to the increasing number of altcoin ETF applications. The ETFs seek to attract more institutional investors to the cryptocurrency market. Dogizen is joining the altcoin narrative as it is the first Telegram ICO. It is a tap-to-earn project that is a direct competition to Catizen, the popular cat-themed game on the Telegram app. The team explained that Dogizen is designed to keep friends connected and together through Telegram. In the game,m players can collect Treatz (Dogizen coins), connect with friends through refurrals, fetch flights, and retrieve passport stamps as they explore new destinations. The developers are working on map expansions and new mini-games. Dogizen is a unique project as it allows users to participate in its ICO within Telegram. Dogizen to provide exclusive perks for players as ICO ends in four days According to the Dogizen website, the ICO ends in four days, after which the token will list on…
Filed under: News - @ February 2, 2025 3:15 pm