Bitwise Files NEAR ETF Proposal as SEC Offers More Favorable Stance on Crypto Funds

Bitwise Asset Management has filed to launch a NEAR ETF in Delaware, capitalizing on the Securities and Exchange Commission’s (SEC) shift towards greater acceptance of crypto funds. This move reflects the growing interest from institutional investors for cryptocurrency ETFs, fueled by recent changes within the SEC leadership. Bitwise’s previous filings have often triggered significant market reactions.