Bitwise Prepares for NEAR Protocol ETF Launch with Delaware Trust Registration

Bitwise has taken a significant step towards launching an exchange-traded fund (ETF) focused on the NEAR protocol. The firm registered a trust in Delaware, which could pave the way for a regulated investment product based on NEAR tokens. While this is merely an initial administrative step, it signals Bitwise’s intention to explore offering investors exposure to the NEAR blockchain ecosystem through ETFs.