Bloomberg analyst: The value of Polkadot ETF will be determined by the market
2025-02-01 03:38
Odaily Planet Daily News: 21Shares has submitted an S-1 registration application to the US Securities and Exchange Commission (SEC) to launch the Polkadot Trust Fund. Bloomberg ETF analyst James Seyfart stated that the market will ultimately determine whether there is demand for spot Polkadot ETFs. He explained, "The market will determine where the value lies and whether launching such products is valuable. If no one invests in Polkadot ETFs, they will close, and people are free to launch any ETF approved by the SEC