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.

Learn more about Polkadot in our research report The Investment Case for Layer 1s: DOT.

We are pleased to share the first installment of the Osprey Funds Investor Product Series focused on Polkadot.

DOWNLOAD

Fund Data

Market Price*
$0.95
Closing Nav**
$0.79
Nav Change
2.60%
AUM†
$4,050,960
Polkadot Per Share††
0.146577

* 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.