Bitwise just dropped an amended ETF filing for $NEAR and they added something I haven't seen before — staking built right into the fund. This wouldn't just be a spot ETF sitting there; holders could earn yield while they hold.
First altcoin ETF proposal with that kind of structure. And Grayscale also filed their own $NEAR ETF, so now two heavyweight asset managers are racing to list the same token.
Price ripped 12% today to $2.04 , punching through the trendline that's been capping every bounce since the $2.56 June high. The momentum indicators all flipped bullish at the same time — that doesn't happen on noise.
Van de Poppe bought more at $1.82 and said it publicly. I grabbed a bag at $1.95 this morning when I saw the filing drop.
I'm looking to trim at $2.24 and let the rest ride toward $2.56 . If $NEAR falls back below $1.85 I'm cutting it — that's where this whole setup falls apart and I don't want to be a hero.
Two asset managers don't race for the same altcoin ETF unless serious money is already behind it. This setup has legs.
Notice: This is not financial advice. Do your own research before trading.
First altcoin ETF proposal with that kind of structure. And Grayscale also filed their own $NEAR ETF, so now two heavyweight asset managers are racing to list the same token.
Price ripped 12% today to $2.04 , punching through the trendline that's been capping every bounce since the $2.56 June high. The momentum indicators all flipped bullish at the same time — that doesn't happen on noise.
Van de Poppe bought more at $1.82 and said it publicly. I grabbed a bag at $1.95 this morning when I saw the filing drop.
I'm looking to trim at $2.24 and let the rest ride toward $2.56 . If $NEAR falls back below $1.85 I'm cutting it — that's where this whole setup falls apart and I don't want to be a hero.
Two asset managers don't race for the same altcoin ETF unless serious money is already behind it. This setup has legs.
Notice: This is not financial advice. Do your own research before trading.