Bitwise Submits SEC Filing for NEAR ETF

Bitwise has taken a significant step towards launching a NEAR exchange-traded fund (ETF), submitting an S-1 registration with the Securities and Exchange Commission (SEC). The filing, despite some uncertainties surrounding recent leadership changes at the SEC, signals Bitwise’s continued pursuit of bringing a near ETF to market. While approvals for crypto ETFs have been slow, this latest development represents a critical milestone in their ongoing effort to bring this product to investors.