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21Shares Polkadot ETP goes nuclear on Monday's open
The DOT token is the native token of the Polkadot network, an interoperable blockchain to allow for cross-chain communication and data transfer.
By Rony Abboud
0
- 21Shares
- Cryptocurrencies
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21 Shares Polkadot ETP (ADOT) opened Monday's trading session up +21.6% from last Friday's close as DOT, the underlying cryptocurrency, continues to recoup its huge September 7 losses. DOT is currently (as of 10:40 am, GMT +2) the 8th largest cryptocurrency by market cap with $33.4bn.
The DOT token is the native token of the Polkadot network, an interoperable blockchain to allow for cross-chain communication and data transfer. The 21Shares Polkadot DOT (ADOT) is an Exchange Traded Product (ETP) that seeks to track the investment result of the DOT token.
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21Shares has become a pioneer in cryptocurrency ETPs and offers a wide range of products that target promising and popular cryptocurrencies such as 21Shares Bitcoin ETP (ABTC), 21Shares Ethereum ETP (AETH) and 21Shares Bitcoin Cash ETP (ABCH), among others.
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