- SEC delays 21Shares Polkadot ETF, decision by November 8, 2025.
- DOT price rises 8.5% post-announcement.
- Analysts predict 90% eventual approval.
The delay highlights the SEC’s cautious approach to crypto ETFs, reflecting broader regulatory scrutiny. Despite the delay, Polkadot’s price surged, indicating positive market sentiment.
21Shares aims to introduce a spot Polkadot ETF in the U.S. market, requiring SEC approval. The SEC’s decision delay follows their historical pattern of extended reviews for crypto-related ETFs. The extended time allows the Commission to gather further information and feedback, crucial for eventual decision-making.
Investor interest remains strong, as evidenced by Polkadot’s 8.5% price increase following the announcement. Market optimism is bolstered by positive analyst outlooks and reduced geopolitical risks, contributing to the price movement.
This decision plays into broader regulatory dynamics, affecting sentiment around cryptocurrency assets, including related altcoins like Solana and Ethereum. The SEC’s cautious stance reflects the complex regulatory environment surrounding crypto assets.
Historically, SEC delays have resulted in temporary volatility but are often followed by a price rebound once procedural clarity is achieved. Analysts remain optimistic about future approvals, predicting a favorable outcome.
Bloomberg Analyst states, “We see a 90% chance of eventual approval for the 21Shares Polkadot ETF by November 2025, reflecting strong institutional optimism.”
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |