secwatch.observer — SEC 8-K summary
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Issuer:     21Shares Polkadot ETF (—)
CIK:        0002054247
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001213900-26-053856
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

21Shares Polkadot ETF enters Figment staking agreement; 26.5% of rewards to service providers
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- Trust signed Figment staking agreement May 4, 2026; Figment will perform DOT staking to generate rewards.
- Trust may stake/unstake DOT at any time subject to Polkadot Network bonding/unbonding periods.
- Service providers (sponsor, custodians, Figment) receive 26.5% of staking rewards; remainder retained by trust.
- Figment's aggregate liability capped at six months' service fees (global) and three months' fees for missed rewards; gross negligence excluded.
- Either party may terminate agreement at any time for any reason upon written notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2054247/000121390026053856/0001213900-26-053856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2054247/000121390026053856/ea0289774-8k_21shares.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-053856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer