SEC Delays Polkadot ETF Decision to June – DOT Price Surge Follows

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Grayscale’s application for a Polkadot exchange-traded fund (ETF) until June 11, 2025. This delay affects the price of DOT, with the coin seeing an impressive 15.1% increase during the week. Institutional investors are increasingly showing interest in Polkadot investment as this market becomes ripe with potential, despite regulatory uncertainty.