{"id":36666,"date":"2021-02-18T15:50:32","date_gmt":"2021-02-18T13:50:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36666"},"modified":"2025-08-29T07:28:14","modified_gmt":"2025-08-29T04:28:14","slug":"wall-street-clients-pile-into-polkadot-via-etps","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/wall-street-clients-pile-into-polkadot-via-etps\/","title":{"rendered":"Wall Street clients pile into Polkadot via ETPs"},"content":{"rendered":"

Clients of investment banks Goldman Sachs, JPMorgan and UBS were among buyers of an exchange-traded product (ETP) based on Polkadot from 21Shares. CoinDesk<\/a> reports, citing data from the Bloomberg terminal.<\/p>\n

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Trading of the DOT ETP began on February 4<\/a> in SIX’s regulated market, the largest Swiss stock exchange. The exchange lists 34 exchange-traded products from six providers, including 21Shares.<\/p>\n

\"Media:<\/p>\n

Trade data for 21Shares’ Polkadot-based ETP. Data: CoinDesk.<\/p>\n<\/div>\n

Each lot in the illustration reflects one unit of the DOT cryptocurrency. At the time of writing, the Polkadot token price stands at $31.33 (per CoinGecko). Over the last seven days, DOT has risen by 33.3%.<\/p>\n

Polkadot and Cardano are vying for fourth place in the crypto-asset market-cap ranking.<\/p>\n

The publication notes that activity in DOT ETP among Wall Street players points to rising interest in altcoins.<\/p>\n

According to Laurent Kssisa, head of the ETP line at 21Shares, the Polkadot-based ETP has attracted a total of $15 million to date.<\/p>\n

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What is a crypto ETF?<\/p>\n<\/blockquote>\n