The 21Shares Polkadot ETP is an investment fund that exclusively holds DOT, the cryptocurrency used to power the Polkadot blockchain. Polkadot is a cross-chain platform that enables different blockchains to interoperate, which is crucial for the growth of decentralized finance (DeFi). By investing in this ETP, investors gain direct exposure to Polkadot’s infrastructure and its role in facilitating seamless communication and transactions between various blockchain networks. The fund is fully backed by actual DOT tokens, providing a transparent and regulated way to participate in Polkadot’s development and expanding ecosystem.