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 Fees
ODOT is waiving all fees 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 08/12/2022 4:00 PM EST.
** Closing NAV per share as of 08/12/2022 4:00 PM EST
† Estimated AUM at 08/12/2022 4:00 PM EST; unaudited
†† This figure represents the Polkadot holdings of the Trust as of 08/12/2022
The Osprey Polkadot Trust is currently closed to new investors.
Please stay tuned for more updates.
Fund Details
Custodian
Coinbase
Fund Administrator
Theorem Fund Services
Auditor
KPMG
Investor Qualifications
Shares of the Fund are accessible to accredited investors in private placements and all investors in the secondary market.
Management Fee
2.5%, but waived until January 1, 2023.
Secondary Trading
The Fund trades under ticker ODOT on all major brokerage platforms. Publicly traded shares may trade at a discount or premium to the Fund’s NAV.
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
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.