Grayscale Investments has filed a 19b-4 form with Nasdaq to offer a Polkadot (DOT) ETF, following a similar proposal from 21Shares. The filing is not a conversion of an existing trust to an ETF, as Grayscale does not currently have a trust investing in DOT. Grayscale typically starts with private placements before launching public quotations and becoming SEC-reporting companies. The SEC has also acknowledged a previous filing for a Cardano ETF and will seek feedback on the proposal.



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