Bloomberg Analyst: 21Shares Polkadot ETF Fee Rate 0.3%, Initial Seed Capital Approximately $11 Million

According to Odaily, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform, stating that based on disclosed information, the fee rate for the first spot Polkadot ETF launched by 21Shares in the US market today is 0.30%, with initial seed capital of approximately $11 million. In the product description, 21Shares stated that Polkadot's uniqueness lies in its aim to connect multiple independent blockchains into an interoperable network, enabling developers to build and run their own customized blockchains on it.