21Shares Rebrands Polkadot ETF to Staking Play
21Shares has rebranded its Polkadot ETF to the Polkadot Staking ETF, now listed under the ticker TDOT on the DTCC. The fund stakes 40%-95% of its DOT holdings, generating a 2.04% yield distributed quarterly to shareholders, with a 0.30% management fee.
The rebranding aligns with 21Shares' similar staking ETFs for Ethereum, Solana, and Sui, offering investors yield without needing direct crypto interaction or wallets.