Polkadot Shows Signs of Recovery Amid Declining Activity and ETF Disappointment.

Anthony Scaramucci, founder of SkyBridge Capital, expresses optimism towards Polkadot (DOT) despite declining activity. DOT has seen a regulatory clarification from the SEC, a tokenomics overhaul with a supply cap and reduced emissions, and the launch of a Spot DOT ETF. However, the ETF has recorded only one day of net inflows since its launch, and on-chain activity has declined. Scaramucci sees potential in DOT that the market still ignores.