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SEC confirms the application for the 21Shares Polkadot ETF
According to Foresight News, the U.S. Securities and Exchange Commission (SEC) has confirmed the application for the exchange-traded fund (ETF) 21Shares Polkadot Spot. This development is a significant step in the process of a potential Polkadot-focused ETF entering the market. The confirmation of the application indicates that the SEC will now review the proposal in detail, assessing its compliance with regulatory standards and its potential market impact. The outcome of this review will determine whether the ETF can proceed to the next stages of approval and final launch.