Bitwise Files for NEAR ETF: A Step Towards Increased Altcoin Investment

Bitwise Asset Management has formally filed for a NEAR Protocol ETF, reflecting growing interest in the development of altcoin exchange-traded products. This filing signifies a significant step towards broader institutional access to crypto assets, potentially impacting the market price of NEAR. Bitwise’s push for regulatory approval echoes wider industry efforts to expand options for investors and institutions to gain exposure to the rapidly evolving cryptocurrency landscape.