A major push is underway in the crypto world as Grayscale Investments, a leading cryptocurrency asset manager, enters the race to bring a Polkadot exchange-traded fund (ETF) to market. Nasdaq has filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) on behalf of Grayscale, seeking approval for a Polkadot ETF listing on Nasdaq. This filing represents a significant milestone for Polkadot ($DOT), a blockchain known for its interoperability and scalability capabilities. If approved, a Polkadot ETF could open up investment opportunities in the asset to a wider audience through traditional stock exchanges, bypassing the complexities of direct cryptocurrency trading and custody concerns. But what are the chances of approval? And how will this impact Polkadot’s future? Let’s dive into a detailed analysis.