Overview
- Trading under ticker TDOT, the fund began March 6 as a physically backed grantor trust that holds DOT directly.
- The ETF opened with roughly $11 million in seed capital and carries a 0.3% expense ratio, according to Bloomberg’s Eric Balchunas.
- The prospectus allows the trust to stake a portion of its DOT to earn network rewards, with custody reported to involve Coinbase.
- The product offers regulated Polkadot exposure through standard brokerage accounts without the need to manage wallets or private keys.
- Market focus now turns to Polkadot’s March 12 tokenomics update that introduces a hard cap of 2.1 billion DOT and reduces emissions by 53.6%.