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Polkadot Price Drops 3.58% While GSR Launches Crypto ETF on Nasdaq and Pepeto Presale Passes $9.45M
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This story was originally published on HackerNoon at: https://hackernoon.com/polkadot-price-drops-358percent-while-gsr-launches-crypto-etf-on-nasdaq-and-pepeto-presale-passes-$945m.
Polkadot drops 3.58% as GSR launches a Nasdaq ETF with BTC, ETH, and SOL—excluding DOT. Is institutional money shifting away from Polkadot?
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Polkadot fell to $1.24 after GSR launched a Nasdaq-listed crypto ETF featuring Bitcoin, Ethereum, and Solana—but excluding DOT. The move highlights shifting institutional focus toward assets with stronger demand and liquidity. Despite supply cuts, DOT remains far below its peak, while ETF inflows and staking yields continue to favor leading cryptocurrencies.