The SEC announced on April 24, 2025, it would delay approving Grayscale’s spot Polkadot ETF, causing limited exposure for investors to Polkadot. The decision reflects the SEC’s consistent cautious stance towards cryptocurrency ETFs.
Following the SEC’s decision, Polkadot (DOT) was priced at 4.21 USD with a market cap of 6.61 billion USD. While a decline of 26.87% was noted in 24-hour trading volumes, a 16.27% increase was observed over 7 days.
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