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Bloomberg analyst: 21Shares Polkadot ETF's initial seed funding is approximately $11 million, with a fee rate of 0.3%
Mars Finance reports that Bloomberg senior ETF analyst Eric Balchunas posted on X that, according to disclosure information, the first spot Polkadot ETF launched by 21Shares in the U.S. market has a fee rate of 0.3%, with an initial seed capital of approximately $11 million. 21Shares stated in the product description that Polkadot’s uniqueness lies in its goal to connect multiple independent blockchains into an interoperable network, enabling developers to build and run their own customized blockchains on it.