Nasdaq Delays 21Shares’ Polkadot ETF Decision—Again
Wall Street’s favorite game of ’kick the can’ continues as Nasdaq postpones its verdict on the spot Polkadot ETF proposal from 21Shares. The third delay this year—because why approve innovation when you can charge fees for paperwork instead?
Behind the scenes: Regulatory foot-dragging or strategic stalling? Either way, crypto traders are left watching the clock while traditional finance plays its favorite sport: bureaucratic limbo.
The irony? A DOT ETF would let institutions invest without touching the ’scary’ underlying asset—Wall Street’s perfect compromise of pretending to embrace decentralization while keeping everything safely centralized.