Crypto asset manager 21Shares has added an exchange-traded fund ETF providing exposure to the Polkadot blockchain ecosystem, expanding access to digital asset investment products in the US market.

21Shares announced the launch of the 21Shares Polkadot ETF (TDOT), which offers investors exposure to the native token of the Polkadot blockchain. The fund began trading on Nasdaq on 6 March with a management fee of 0.30%. Polkadot supports cross chain communication between different blockchain networks  The company noted that the ETF aims to give investors access to blockchain infrastructure through a regulated exchange-traded product (ETP). Polkadot supports cross chain communication