Multiple Banking giants are reportedly buying a peculiar crypto-asset other than Bitcoin (BTC) and Ethereum (ETH). As per the CoinDesk report, Financial titans like Goldman Sachs, JP Morgan, UBS, and brokerage firm ICAP are exposed to an exchange-traded product (ETP) tied to Polkadot’s native asset DOT. Goldman Sachs has purchased three lots on behalf of a client, whereas JP Morgan purchased 500 shares, ICAP purchased 1,000 shares, and UBS purchased 2,770 shares. ETPs offer a simplified route to large institutions for crypto investments because the funding automobiles meet regulatory standards without the need to custody the underlying digital assets.