Near ETF Next? Bitwise Seeks Approval Alongside Solana, XRP and Dogecoin Filings

Asset Manager Bitwise Explores NEAR ETF with New Delaware Registration

Following the announcement, NEAR’s price rose by approximately 4% To launch the ETF, Bitwise needs to file a formal application with the SEC Delaware is a popular state for business registrations due to its business-friendly laws and tax advantages Bitwise, a major crypto asset manager, registered a NEAR ETF in Delaware, signaling potential mainstream adoption of the NEAR Protocol, which is a Layer 1 blockchain focused on scalability and user-fr…

Near ETF Next? Bitwise Seeks Approval Alongside Solana, XRP and Dogecoin Filings

After launching Bitcoin and Ethereum ETFs, the crypto asset manager is expanding its focus—now to Near Protocol.

Bitwise took the first step to launch an ETF linked to NEAR, amid a more friendly regulatory environment for cryptocurrencies in the U.S. *** Bitwise registered the “Bitwise NEAR ETF” as a trust in Delaware. The NEAR token shows remarkable growth and ranks 43rd in market capitalization. Trump’s new regulatory environment facilitates the creation of new crypto ETFs. Bitwise Asset Management, the cryptocurrencies-based investment company, has take…

Bitwise Registers NEAR ETF in Delaware - The Cryptocurrency Post

TL;DR Bitwise has registered an ETF for the NEAR protocol in Delaware, a key step in its goal of offering financial products for the crypto industry. The SEC is showing a more favorable stance toward cryptocurrencies under Donald Trump’s administration, which could ease the approval of future crypto funds. NEAR’s price has climbed over 3.5% in the last 24 hours and nearly 27% over the week, driven by expectations of greater institutional involv…

Bitwise Registers 'Bitwise NEAR ETF' in Delaware on April 24 Amid SEC Review Delays

Bitwise Asset Management has registered a new entity, Bitwise NEAR ETF, in Delaware on April 24, marking the first U.S. ETF that tracks the NEAR Protocol's native token, NEAR. The filing, listed under number 10174379, classifies the entity as a corporate trust service.The NEAR token has seen a 6.5% surge in the last 24 hours and a 26% gain over the past week, now trading at $2.60. NEAR Protocol, which positions itself as 'the blockchain for AI,'…

LATEST: Registers NEAR ETF in U.S. as Institutions Eye Altcoin Opportunities

Bitwise Asset Management has taken a major step toward launching the first US-listed NEAR ETF by registering the Bitwise NEAR ETF trust in Delaware. This move paves the way for a potential SEC filing to create an exchange-traded fund tracking NEAR the native token of the NEAR Protocol. This marks a significant moment for institutional access to altcoins beyond Bitcoin and Ethereum. A NEAR ETF would simplify exposure for investors by eliminating …