Near Joins Spot ETF Race: Bitwise Files for NEAR Protocol Fund

Bitwise has officially filed an S-1 form with the Securities and Exchange Commission to launch a spot exchange-traded fund (ETF) tracking the performance of the NEAR Protocol. This marks another step in the increasing interest towards crypto ETFs, particularly as it brings the 33rd largest cryptocurrency by market capitalization under scrutiny. Bitwise had previously filed similar paperwork for this product last month.