Sign in

Private company

21Shares Polkadot Staking ETF

21Shares Polkadot Staking ETF is an American commodity contracts brokers and dealers company.1 It is headquartered in New York, New York.1

Last updated Oct 21, 2026.

Overview

-$19.1MNet income, fiscal 20262
  • IndustryCommodity Contracts Brokers & Dealers1
  • HeadquartersNew York, New York1
  • Incorporated inDE3
  • Business address477 Madison Avenue, 6Th Floor, New York, Ny 100223
  • Filer category, Emerging growth company3

See how the biggest companies compare on our leaderboards

Custodians”) are the DOT Custodians for the Trust and hold all the Trust’s DOT on the Trust’s behalf.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-191.9%Return on equity2

Financial statements

Fiscal year20252026
Operating expenses$536.9K2
Net income-$19.1M2

Compare 21Shares Polkadot Staking ETF with another company

Former names

  • 21Shares Polkadot ETFSep 19, 2025 to Aug 14, 20263
  • 21Shares Polkadot TrustJan 31, 2025 to Aug 5, 20253

Timeline

  1. Aug 26, 20268-K Entered a material agreement; Bylaws or fiscal year changed6
  2. Jul 7, 20268-K Ended a material agreement7
  3. May 8, 20268-K Entered a material agreement8

Filings

27 filings to the SEC since October 2021: 1 annual reports, 1 quarterly reports, 3 major events, 22 other. The latest 20:

  1. Aug 27, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  2. Aug 26, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  3. Aug 26, 20268-K CURRENT REPORT EDGAR
  4. Aug 14, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  5. Aug 14, 202610-Q QUARTERLY REPORT EDGAR
  6. Jul 7, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  7. Jul 7, 20268-K CURRENT REPORT EDGAR
  8. Jun 30, 2026424I PROSPECTUS SUPPLEMENT EDGAR
  9. Jun 30, 2026424B3 PROSPECTUS SUPPLEMENT EDGAR
  10. Jun 29, 202610-K ANNUAL REPORT EDGAR
  11. May 8, 2026424B3 EDGAR
  12. May 8, 20268-K CURRENT REPORT EDGAR
  13. Mar 5, 2026CERT EDGAR
  14. Mar 4, 2026EFFECT EDGAR
  15. Mar 4, 2026424B3 PROSPECTUS EDGAR
  16. Mar 4, 20268-A12B EDGAR
  17. Mar 3, 2026S-1/A AMENDMENT NO. 10 TO FORM S-1 EDGAR
  18. Feb 25, 2026S-1/A AMENDMENT NO. 9 TO FORM S-1 EDGAR
  19. Feb 17, 2026S-1/A AMENDMENT NO. 8 TO FORM S-1 EDGAR
  20. Feb 2, 2026S-1/A AMENDMENT NO. 7 TO FORM S-1 EDGAR

The 27 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How 21Shares Polkadot Staking ETF is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAR21Shares Polkadot Staking ETF1
  • CIK0002054247
  • Employer ID (EIN)33-64908724
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsMarch 311
  • Industry code (SIC)6221 Commodity Contracts Brokers & Dealers1
  • SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
  • Business address477 Madison Avenue, 6Th Floor, New York, NY 100221
  • Phone646-370-60161
  • Shares outstanding750,000 as of Aug 7, 20265
  • Public float$0 as of Sep 30, 20252
  • AuditorCOHEN & COMPANY, LTD., Towson, Maryland PCAOB ID 925; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJan 31, 20251
  • Filings27 in all: S-1/A (10), 424B3 (7), 8-K (3), 10-K (1), 10-Q (1), 424I (1), 8-A12B (1), CERT (1)1
    All 10 form types

    EFFECT (1), S-1 (1)

  • Latest filingsAnnual report (10-K) Jun 29, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Aug 26, 2026

Securities registered for trading

ClassSymbolExchange
Shares of Beneficial Interest of 21Shares Polkadot ETFTDOTNasdaq

From the cover page of the 10-K filed Jun 29, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks 21Shares Polkadot Staking ETF names in Item 1A of its 10-K filed Jun 29, 2026: 79 risks under these headings, as written.4

  • Risks Associated with DOT and the Polkadot Network
  • The value of the Shares relates directly to the price of DOT, which may be highly volatile and subject to fluctuations due to a number of factors.
  • DOT is a relatively new technological innovation with a limited operating history.
  • Newly created DOT and their subsequent sale may cause the price of DOT to decline, which could negatively affect an investment in the Trust.
  • The prevailing level of transaction fees may adversely affect the usage of the Polkadot Network.
  • The significant holdings of DOT by early stakeholders could have an adverse effect on the market price of DOT.
  • A determination that DOT or any other digital asset is offered or sold as a “security” may adversely affect the price of DOT and the value of the Shares, and result in potentially extraordinary, nonrecurring expenses to, or termination of, the Trust.
  • The trading prices of many digital assets, including DOT, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further decline in the trading prices of DOT, could have a material adverse effect on the value of the Shares and the Shares could lose all or substantially all of their value.
  • Spot markets on which DOT trades are relatively new and largely unregulated.
  • The use of cash creations and redemptions, as opposed to in-kind creations and redemptions, may adversely affect the arbitrage transactions by Authorized Participants intended to keep the price of the Shares closely linked to the price of DOT and, as a result, the price of the Shares may fall or otherwise diverge from NAV.
  • Authorized Participants may act in the same or similar capacity for other competing products.
  • Spot markets may be exposed to security breaches.
The other 68 risks
  • Spot markets may be exposed to fraud and market manipulation.
  • Spot markets may be exposed to wash trading.
  • Spot markets may be exposed to front-running.
  • The Trust’s Staking Activities involve legal and regulatory risk, such as, without limitation, the risk of jeopardizing the Trust’s ability to qualify as a grantor trust for tax purposes, which could harm the value of the Shares.
  • The Trust may be negatively impacted by Staking Activities.
  • The Staking Services Providers may not optimally execute the Staking Activities.
  • The Trust may vary the amount of DOT to be staked and the rewards received may accordingly change from time to time.
  • The decreasing issuance schedule and finite maximum supply of DOT may negatively impact staking rewards and the value of the Shares.
  • The market value of DOT is subject to momentum pricing.
  • A decline in the adoption of DOT could negatively impact the Trust.
  • Irrevocable nature of blockchain-recorded transactions.
  • The loss or destruction of a private key required to access DOT may be irreversible.
  • Loss of a critical banking relationship for, or the failure of a bank used by, the Trust or the Prime Broker could adversely impact the Trust’s ability to create or redeem Baskets, or could cause losses to the Trust.
  • If any of the Custodial Services Agreements or the Prime Broker Agreement are terminated or the DOT Custodians or the Prime Broker fail to provide services as required, the Trustee may need to find and appoint a replacement custodian or prime broker, which could pose a challenge to the safekeeping of the Trust’s DOT, and the Trust’s ability to continue to operate may be adversely affected.
  • The DOT Custodians and Prime Broker may act in the same or similar capacity for other competing products.
  • The Prime Broker routes orders through Connected Trading Venues in connection with trading services under the Prime Broker Agreement. The loss or failure of any such Connected Trading Venues may adversely affect the Prime Broker’s business and cause losses for the Trust.
  • A disruption of the Internet may affect DOT operations, which may adversely affect the DOT industry and an investment in the Trust.
  • Potential changes to the Polkadot Network’s protocols and software could, if accepted and authorized by the Polkadot Network community, adversely affect an investment in the Trust.
  • The governance of the Polkadot Network could have a negative impact on the performance of the Trust.
  • Anonymity and illicit financing risk.
  • The actual or perceived use of DOT and other digital assets in illicit transactions may adversely affect the DOT industry and an investment in the Trust.
  • The inability to recognize the economic benefit of an “airdrop” could adversely impact an investment in the Trust.
  • Network Forks.
  • Any name change and any associated rebranding initiative of DOT may not be favorably received by the digital asset community, which could negatively impact the value of DOT and the value of the shares.
  • DOT is subject to cybersecurity risks, which could adversely affect an investment in the Trust or the ability of the Trust to operate.
  • A temporary or permanent “fork” or “clone” of the Polkadot Network could adversely affect the value of the Shares.
  • If Validators expend less processing power on the Polkadot Network, it could increase the likelihood of a malicious actor obtaining control.
  • Cancer nodes.
  • Double-spending risks.
  • Flaws in source code.
  • Denial of Service Attacks.
  • Proof-of-stake blockchains are a relatively recent innovation and have not been subject to as widespread use or adoption over as long of a period of time as traditional proof-of-work blockchains.
  • Validators may suffer losses due to staking, which could make the Polkadot Network less attractive.
  • Competition from other digital assets – including existing or future “forks” of the Polkadot Network – could have a negative impact on the price of DOT and adversely affect an investment in the Shares.
  • The Polkadot Network faces scaling challenges and efforts to increase the volume and speed of transactions may not be successful.
  • Smart contracts are new and their ongoing development and operation may result in problems or be subject to errors or hacks, which could reduce the demand for DOT or cause a wider loss of confidence in the Polkadot Network, either of which could have an adverse impact on the value of DOT.
  • New competing digital assets may pose a challenge to DOT’s current market position, resulting in a reduction in demand for DOT, which could have a negative impact on the price of DOT and may have a negative impact on the performance of the Trust.
  • Competition from other consortia or private blockchains could have a negative impact on the price of DOT and adversely affect an investment in the Shares.
  • Competition from other exchange-traded products could adversely affect the value of the Shares.
  • Competition from central bank digital currencies (“CBDCs”) could adversely affect the value of DOT and other digital assets.
  • Prices of DOT may be affected due to stablecoins, the activities of stablecoin issuers and their regulatory treatment.
  • Operational cost may exceed the reward for validating transactions, and increased transaction fees may adversely affect the usage of the Polkadot Network.
  • Electricity usage.
  • If the digital asset award or transaction fees for recording transactions on the Polkadot Network are not sufficiently high to incentivize Validators, or if certain jurisdictions continue to limit or otherwise regulate validating activities, Validators may cease expanding validating power or demand high transaction fees, which could negatively impact the value of DOT and the value of the Shares.
  • Validators may cease to record transactions as a result of low transaction fees, which may adversely affect the usage of the Polkadot Network.
  • Large-scale sales or distributions.
  • Congestion or delay in the Polkadot Network may delay purchases or sales of DOT by the Trust.
  • Investment related risks.
  • The NAV or the Principal Market NAV may not always correspond to the market price of DOT.
  • Deviations between the Trust’s NAV and NAV per Share versus the Trust’s Principal Market NAV and Principal Market NAV per Share may occur.
  • If the process of creation and redemption of Baskets encounters any unanticipated difficulties, the possibility for arbitrage transactions by Authorized Participants intended to keep the price of the Shares closely linked to the price of DOT may not exist and, as a result, the price of the Shares may fall or otherwise diverge from NAV.
  • Owning Shares is different from directly owning DOT.
  • Pricing Benchmark tracking risk.
  • Liquidity risk.
  • Counterparty risk.
  • The value of the Shares may be influenced by a variety of factors unrelated to the value of DOT.
  • The Administrator is solely responsible for determining the value of the Trust’s DOT, the Trust’s NAV and the Trust’s Principal Market NAV. The value of the Shares may experience an adverse effect in the event of any errors, discontinuance or changes in such valuation calculations.
  • DOT Counterparties’ buying and selling activity associated with the creation and redemption of Baskets may adversely affect an investment in the Shares.
  • The inability of DOT Counterparties to hedge their DOT exposure may adversely affect the liquidity of Shares and the value of an investment in the Shares.
  • Arbitrage transactions intended to keep the price of Shares closely linked to the price of DOT may be problematic if the process for the creation and redemption of Baskets encounters difficulties, which may adversely affect an investment in the Shares.
  • Security threats and cyber-attacks could result in the halting of Trust operations and a loss of Trust assets or damage to the reputation of the Trust, each of which could result in a reduction in the price of the Shares.
  • The DOT Custodians could become insolvent.
  • The Trust is subject to risks due to its concentration of investments in a single asset.
  • The lack of active trading markets for the Shares may result in losses on Shareholders’ investments at the time of disposition of Shares.
  • Several factors may affect the Trust’s ability to achieve its investment objective on a consistent basis.
  • The amount of DOT represented by the Shares is expected to decline over time.
  • The development and commercialization of the Trust is subject to competitive pressures.
  • A loss of confidence in or breach of a DOT Custodian may adversely affect the Trust and the value of an investment in the Shares.

Legal proceedings

From time to time, the Trust may be a party to certain legal proceedings in the ordinary course of business. As of March 31, 2026, the Trust was not subject to any material legal proceedings, nor, to our knowledge, are any material legal proceedings threatened against the Trust.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8