๐จ NEAR Just Took Another Step Toward Wall Street
Institutional access to $NEAR is getting closer. ๐
๐ Bitwiseโs NEAR ETF has received NYSE Arca listing approval
๐ท๏ธ Proposed ticker: NRR
๐ช The fund is designed to hold $NEAR
๐ It also has a secondary objective of earning staking rewards
๐ฐ Listed management fee: 0.75%
The SEC filing confirms that the listing application was filed with and approved by NYSE Arca.
โ ๏ธ Important: NYSE Arca listing approval is NOT the same as the SEC approving the securities themselves. The prospectus explicitly says the SEC has neither approved nor disapproved the offering. ๎จ0๎จ
If launched, the product would create another regulated-market route for investors seeking exposure to $NEAR.
The bigger question:
How significant could ETF access become for the next phase of the NEAR ecosystem? ๐
$NEAR $BTC $ETH
#CryptoNews #NEAR #NEARProtocol #CryptoETF #Bitcoin #Ethereum #Web3 #CryptoAnalysis
Disclaimer: This is not financial advice. Always DYOR. #NFA
Institutional access to $NEAR is getting closer. ๐
๐ Bitwiseโs NEAR ETF has received NYSE Arca listing approval
๐ท๏ธ Proposed ticker: NRR
๐ช The fund is designed to hold $NEAR
๐ It also has a secondary objective of earning staking rewards
๐ฐ Listed management fee: 0.75%
The SEC filing confirms that the listing application was filed with and approved by NYSE Arca.
โ ๏ธ Important: NYSE Arca listing approval is NOT the same as the SEC approving the securities themselves. The prospectus explicitly says the SEC has neither approved nor disapproved the offering. ๎จ0๎จ
If launched, the product would create another regulated-market route for investors seeking exposure to $NEAR.
The bigger question:
How significant could ETF access become for the next phase of the NEAR ecosystem? ๐
$NEAR $BTC $ETH
#CryptoNews #NEAR #NEARProtocol #CryptoETF #Bitcoin #Ethereum #Web3 #CryptoAnalysis
Disclaimer: This is not financial advice. Always DYOR. #NFA
