Why
Founded by a world class team, Polkadot is developing a fully decentralized web where users are in control. This protocol fosters scalability, security, governance, and interoperability.
It’s a big vision.
Why Osprey Polkadot Trust (ODOT)
Easy Access
The Osprey Polkadot Trust makes it easy to invest right in your brokerage account or IRA.
First to Market
ODOT is the only tradeable ticker in the U.S. that invests solely in DOT, the native token of Polkadot.
No Management Fees
Management fees are waived through at least January 1, 2023.
Secure
Secure fund infrastructure with vigilant procedures around custody and cold storage.
Why Osprey Funds
Osprey Funds is your trusted guide to select crypto.
We build low-cost digital asset investment products that are simple, secure, and transparent. Our expert team carefully researches and curates the leading digital assets to help take the guesswork out of crypto investing.
Fund Data
* Market price as of 11/23/2022 4:00 PM EST.
** Closing NAV per share as of 11/23/2022 4:00 PM EST
† Estimated AUM at 11/23/2022 4:00 PM EST; unaudited
†† This figure represents the Polkadot holdings of the Trust as of 11/23/2022
The Osprey Polkadot Trust is currently closed to new investors.
Please stay tuned for more updates.
Fund Details
Ticker
ODOT
Investment Objective
Track the price of DOT, the native token of the Polkadot Network.
Subscription Type
USD or DOT.
Sponsor
Osprey Funds
Custodian
Coinbase
Fund Administrator
Theorem Fund Services
Auditor
Cherry Bekaert
CUSIP
68841K105
ISIN
US68841K1051
Shares Outstanding
5,104,747
Management Fee
0% until 2023, then 2.5% unless waived by Sponsor.
Investor Qualifications
Shares of the Fund are accessible to accredited investors in private placements and all investors in the secondary market.
Secondary Trading
The Fund trades under ticker ODOT. Publicly traded shares may trade at a discount or premium to the Fund’s NAV.
Private Placement
See below.
Redemptions
Not currently offered. See Secondary Trading above for more on liquidity.
Taxation
No K-1. Structured as a Delaware Grantor Trust for tax purposes.
IRA Eligible
Yes, from select providers.
Osprey Polkadot Trust Private Placement
Accredited investors may participate in the Osprey Polkadot Trust Private Placement at net asset value. To qualify as accredited, an individual must earn more than $200K/year (or $300K/year with spouse) or have a net worth over $1M or is an investment professional (e.g., a licensed associated person of a broker-dealer or investment adviser). Entities must have $5M in liquid assets or all beneficial owners must be accredited investors.