Bitwise to Launch First NEAR ETF in U.S., Driven by Rising Altcoin Demand

Bitwise, a leading cryptocurrency investment firm, is preparing to submit its first ever Exchange Traded Fund (ETF) application for the Near Protocol (NEAR) to the US Securities and Exchange Commission (SEC). This filing follows Bitwise’s successful registration with the state of Delaware. The anticipated launch has already spurred a 25% surge in NEAR’s price, as investors eagerly anticipate significant inflows from institutional investments and a broader market adoption.