In today's crypto news, 21Shares has filed for a spot Polkadot ETF with the SEC, looking to list the 21Shares Polkadot Trust on the Cboe BZX exchange. This follows a similar launch in Switzerland four years ago, despite Polkadot's recent price declines of 5.16% over the past year. LayerZero CEO Bryan Pellegrino announced the resolution of a lengthy litigation with the FTX estate regarding transactions involving Alameda Research dating back to 2022. Pellegrino indicated that the focus was on settling with creditors. Additionally, Errol Musk, Elon Musk's father, is reportedly attempting to raise $200 million for a memecoin project called Musk It (MUSKIT) to finance the Musk Institute. The token, launched quietly in December 2024, has already lost over 52% of its value, currently trading at $0.02.

Source 🔗