Bitwise Files Near Protocol ETF Registration with SEC

Bitwise Asset Management has filed an S-1 registration for a NEAR Protocol Exchange Traded Fund (ETF) with the US Securities and Exchange Commission, signaling growing institutional interest in layer-1 blockchains. The filing on May 6, 2025, is part of Bitwise’s strategy to broaden crypto ETF offerings beyond major cryptocurrencies like Bitcoin and Ethereum. Past filings have included ETFs for Dogecoin and XRP. The move comes as the NEAR token has seen price growth following the ETF filing announcement.