Bitwise has taken a major step toward expanding crypto investment options by filing an S-1 form with the U.S. SEC to launch a NEAR ETF. This move signals growing institutional interest in the NEAR Protocol and broader acceptance of crypto-based financial products.
- Bitwise’s proposed ETF would track the value of the NEAR token, net of expenses
- Filing an S-1 with the SEC is a key regulatory step toward offering a publicly traded ETF
- NEAR Protocol is gaining attention for its scalability and developer-friendly ecosystem
- This development reflects increasing momentum for crypto ETFs following recent approvals
- A NEAR ETF could be a promising investment, especially for those seeking diversified exposure to emerging Layer-1 blockchain assets
If approved, the NEAR ETF may offer more accessible and regulated exposure to the growing NEAR ecosystem, potentially making it a strong opportunity for forward-looking investors. Show Less
