Bitwise Registers NEAR-Focused ETF as Token Price Soars

Bitwise Asset Management has officially registered a Delaware Statutory Trust for a NEAR-focused exchange-traded fund (ETF), capitalizing on the rising value of NEAR tokens. This move comes just days after its registration announcement, and has already seen the price of NEAR climb by 6.5% within 24 hours. This potential game-changer could signal an increased level of institutional interest in NEAR as it seeks to break into broader market access.