21Shares Polkadot Staking ETF

What Do They Do?

Issues exchange-traded shares for investors seeking to track Polkadot’s DOT token and, when permitted, reflect rewards from staking DOT.

How Do They Make Money?

The Trust earns rewards by staking DOT. The Sponsor, staking service providers and DOT custodians are expected to receive a share of the rewards; the Trust intends to distribute its share to shareholders in cash at least quarterly.

Who Are Their Customers?

Investors trade the Trust’s shares on Nasdaq; registered broker-dealers with written agreements with the Sponsor and Administrator place share creation and redemption orders.

Do Revenues Turn Into Profits?

No. It lost $19.1M in FY2026.

How Are They Changing?