#BitwiseFilesFinalNEARSpotETFProspectus the Post with hashtag #BitwiseFilesFinalNEARSpotETFProspectus:
Bitwise has filed the final prospectus for its spot NEAR ETF, marking a major step toward launch. The SEC declared the fund’s registration effective on September 24, while NYSE Arca approved its listing under the ticker NRR.
The ETF is designed to hold NEAR directly and may stake its holdings to generate additional rewards, with Bitwise charging a 0.75% annual sponsor fee. The regulatory filings do not mean trading has already begun, but they bring the product significantly closer to market. NEAR has rallied sharply alongside the ETF developments, recently trading near $5.
Bitwise has filed the final prospectus for its spot NEAR ETF, marking a major step toward launch. The SEC declared the fund’s registration effective on September 24, while NYSE Arca approved its listing under the ticker NRR.
The ETF is designed to hold NEAR directly and may stake its holdings to generate additional rewards, with Bitwise charging a 0.75% annual sponsor fee. The regulatory filings do not mean trading has already begun, but they bring the product significantly closer to market. NEAR has rallied sharply alongside the ETF developments, recently trading near $5.