Bitwise Files to Launch NEAR-Based ETF via Delaware Trust

Bitwise Files for a NEAR-Based ETF

A Delaware trust company registration for the “Bitwise NEAR ETF” was officially filed on Thursday, according to public records. Bitwise CEO and co-founder Hunter Horsley confirmed the filing, which represents an early step in the ETF creation process. While not a formal application with the U.S. Securities and Exchange Commission (SEC), it lays the groundwork for potential future approval.

NEAR, currently the 43rd largest cryptocurrency by market capitalization, has seen modest recent gains, trading slightly above $2.60 (data from The Block).

This filing adds NEAR to Bitwise's growing list of digital assets targeted for potential ETF products. The firm has previously registered similar Delaware entities for crypto ETFs linked to assets such as Dogecoin, Aptos, and XRP. Some, including the Bitwise Dogecoin ETF and Bitwise Aptos ETF, have progressed to formal SEC registration.

As interest in regulated crypto investment vehicles increases, Bitwise continues to position itself as a leader in connecting digital assets with traditional finance.

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