Markets· ★★· neutral·

21Shares Polkadot spot ETF holds $11.57M since March launch

  • —TDOT assets stood at $11,567,725 as of October 14, with a 0.30% fee
  • —Cumulative net inflows since March 6 total just $3.33 million
  • —Daily fund turnover of $111,586 is 0.069% of DOT spot volume
  • —The fund holds about 10.7 million DOT, under 1% of supply
Why it matters: With almost no inflows, the fund is too small to move DOT's price through spot purchases.
Source: CryptoTicker