Bitwise has submitted a listing application for the spot NEAR ETF to the US SEC
05-07 00:03
Odaily News Digital asset management company Bitwise has filed a listing application for a spot NEAR ETF with the U.S. Securities and Exchange Commission, adding to the growing number of alternative coins currently vying for regulatory approval. Bitwise Near The ETF will track the price movements of NEAR tokens through traditional brokers and deduct fees, according to Bitwise's registration statement on May 6. Bitwise has designated Coinbase Custody as the custodian of the Bitwise NEAR ETF. The management fee, stock symbol and listing exchange for the Bitwise NEAR ETF have not yet been determined.
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