DOT Drops as SEC Reschedules Polkadot Spot ETF Verdict to Late 2025

  • Polkadot ETF Decision Delayed to November 8, 2025: The SEC extended the ruling on 21Shares’ DOT ETF, aligning with its cautious review approach across crypto products.
  • DOT Price Slips 2% Post-Announcement: Polkadot’s value dipped amid investor uncertainty, reflecting short-term market response rather than protocol issues.
  • Over 70 Crypto ETFs Await SEC Ruling: Polkadot joins a growing queue of pending applications, including proposals from BlackRock and Grayscale.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the 21Shares Polkadot Spot ETF. Initially expected on June 24, 2025, the ruling is now scheduled for November 8, 2025. This action places the Polkadot ETF among dozens of cryptocurrency-based applications undergoing prolonged regulatory review.

SEC has delayed a ruling on the 21Shares Polkadot Spot ETF. Originally, this was to be ruled on June 24, 2025, but the ruling has been fixed to November 8, 2025. This will put the Polkadot ETF in a list of cryptocurrency-driven applications that have been in a long process of regulation.

The ETF in question will trace the Polkadot (DOT), the blockchain network that ensures interoperability in different decentralized ecosystems. The delay in decision-making by the SEC is not new, as they normally lengthen the review time. The extensions are usually meant to seek more public opinion and the stability of the market before such products touching on digital assets are approved to go ahead. It has become a practice of ETFs linked to other cryptocurrencies such as XRP, Litecoin, and Solana.

Polkadot Reacts to Price as Investors Lack Clear Regulations

After this announcement, the price of Polkadot decreased almost by 2 percent, being at around 3.41 during the last 24 hours. Analysts are claiming that the short-term drop is due to the reaction of the investors instead of structural problems within the Polkadot network. The downward trend of price indicates a wait-and-see spirit as investors await the events unfolding on the regulatory lines.

Despite the price decline, market analysts continue to forecast that approval may still occur in the final quarter of 2025. Bloomberg ETF analyst James Seyffart noted the SEC’s cautious engagement indicates the application remains under consideration. The SEC has yet to reject the proposal outright, and ongoing review suggests further regulatory actions are expected.

Many investors remain on the sidelines as they await clarity on how regulators will handle crypto ETFs. Approval would offer exposure to DOT via traditional brokerage platforms, potentially expanding institutional and retail access.

Rising Number of Pending Crypto ETF Applications

Polkadot is part of a growing list of more than 70 crypto ETF proposals awaiting SEC decisions. Applications include funds from major firms such as BlackRock, Grayscale, and other asset managers. The commission also delayed decisions on ETFs tied to HBAR, Dogecoin, and Shiba Inu.

There is increasing speculation that ETFs based on memecoins may launch by 2026, subject to regulatory clearance. For now, the SEC’s handling of these cases underscores the need for a consistent evaluation framework. With a mounting backlog, the industry continues to watch closely for signs of regulatory progress ahead of November.

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