NEAR ETF in the making: What can investors learn from Bitwise’s S-1 filing?
The post NEAR ETF in the making: What can investors learn from Bitwise’s S-1 filing? appeared on BitcoinEthereumNews.com. Bitwise’s NEAR ETF filing signals rising institutional interest in altcoin-based investment products. Near Protocol aims to solve the blockchain dilemma with scalability, security, and decentralization. Bitwise has taken a significant step toward launching a NEAR Protocol [NEAR] ETF by filing an S-1 registration with the U.S. Securities and Exchange Commission (SEC). If approved, the proposed fund will track NEAR’s price, giving investors regulated access to its market performance. This development signals a bullish outlook for Near Protocol, likely driving higher demand and greater visibility in the crypto space. NEAR joins the ETF race — Details That being said, Bitwise’s latest S-1 filing for a Near Protocol ETF follows its prior registration of the fund in Delaware, signaling the next phase in its push for broader crypto ETF offerings. The firm is expected to file a 19b-4 form through an exchange, initiating the formal approval process required by the SEC to list and trade the product. With this addition, the SEC’s growing 2025 docket now includes over a dozen spot crypto ETF proposals, spanning assets like Solana [SOL], Ripple [XRP], Cardano [ADA], and Dogecoin [DOGE]. In fact recently, Litecoin [LTC] ETF application by Canary Capital also joined the list of pending ETFs. Needless to say, Bitwise, already a key player in the space, has existing filings for DOGE, SOL, and XRP ETFs and currently manages spot Bitcoin [BTC] and Ethereum [ETH] funds on NYSE Arca, which have together seen $2.35 billion in inflows since launch. Impact on NEAR’s price and what lies ahead? However, despite Bitwise’s ETF filing, NEAR Protocol is trading at $2.30, reflecting a modest 0.90% dip over the last 24 hours, according to CoinMarketCap. NEAR’s short-term price movement remains muted, but its long-term narrative continues to be strong. Once considered a potential Ethereum competitor, NEAR aims to solve…
The post NEAR ETF in the making: What can investors learn from Bitwise’s S-1 filing? appeared on BitcoinEthereumNews.com.
Bitwise’s NEAR ETF filing signals rising institutional interest in altcoin-based investment products. Near Protocol aims to solve the blockchain dilemma with scalability, security, and decentralization. Bitwise has taken a significant step toward launching a NEAR Protocol [NEAR] ETF by filing an S-1 registration with the U.S. Securities and Exchange Commission (SEC). If approved, the proposed fund will track NEAR’s price, giving investors regulated access to its market performance. This development signals a bullish outlook for Near Protocol, likely driving higher demand and greater visibility in the crypto space. NEAR joins the ETF race — Details That being said, Bitwise’s latest S-1 filing for a Near Protocol ETF follows its prior registration of the fund in Delaware, signaling the next phase in its push for broader crypto ETF offerings. The firm is expected to file a 19b-4 form through an exchange, initiating the formal approval process required by the SEC to list and trade the product. With this addition, the SEC’s growing 2025 docket now includes over a dozen spot crypto ETF proposals, spanning assets like Solana [SOL], Ripple [XRP], Cardano [ADA], and Dogecoin [DOGE]. In fact recently, Litecoin [LTC] ETF application by Canary Capital also joined the list of pending ETFs. Needless to say, Bitwise, already a key player in the space, has existing filings for DOGE, SOL, and XRP ETFs and currently manages spot Bitcoin [BTC] and Ethereum [ETH] funds on NYSE Arca, which have together seen $2.35 billion in inflows since launch. Impact on NEAR’s price and what lies ahead? However, despite Bitwise’s ETF filing, NEAR Protocol is trading at $2.30, reflecting a modest 0.90% dip over the last 24 hours, according to CoinMarketCap. NEAR’s short-term price movement remains muted, but its long-term narrative continues to be strong. Once considered a potential Ethereum competitor, NEAR aims to solve…
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