Bitwise Asset Management has filed an SEC application to convert its $1.442B Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund
As of 29th November 2024, DOT is the seventh largest holding in the BITW at 0.5%.
Due to a very large DOT withdrawal on Hydration, GDOT prices and DOT lending rates experienced some volatility this week. Referendum 219, now passed, aimed to reduce DOT lending rates by adjusting the Reserve Factor to 10% and Optimal Usage to 85%.
Bifrost has initiated Polkadot Wish for Change Referendum 1778 to explore the idea of diversifying the treasury into revenue-generating parachain tokens such as bbBNC and HDX.