Grayscale Polkadot Trust ETF

S-1/A amended

The Grayscale Polkadot Trust ETF, a Delaware statutory trust, issues Shares representing fractional undivided beneficial interest in DOT digital assets. The Trust aims to list Shares on NASDAQ under the symbol GPDT, with a focus on providing investors exposure to DOT. The filing details the Trust's structure, including the Sponsor, Trustee, Prime Broker, and Custodian, and outlines the creation and redemption process for Shares. It highlights risks related to digital asset volatility, regulatory uncertainty, and operational dependencies.

S-1 filed

Grayscale Polkadot Trust ETF (the 'Trust') is a Delaware statutory trust issuing Shares representing fractional undivided beneficial interest in digital assets based on the Polkadot Network ('DOT'). The Trust aims to track the value of DOT, less expenses, and plans to list Shares on NASDAQ under the symbol 'DOT'. The Trust will issue Shares in blocks of 10,000 ('Baskets') via Authorized Participants, with initial creation/redemption processes relying on cash transactions until potential future in-kind transactions pending regulatory approval. The Trust is not registered under the Investment Company Act, and no public market exists for Shares prior to this offering.