Wu Shuo learned that 21Shares officially submitted an S-1 registration application to the US Securities and Exchange Commission (SEC) on Friday, planning to launch the Polkadot Trust Fund, and its issued common shares will be planned to be listed on the Cboe BZX exchange. At the time of redemption, DOT will transfer the funds to DOT counterparties for sale, and the cash proceeds generated will be paid to authorized participants.