BREAKING NEWS: Bitwise Sends the Final Prospectus for the NEAR Spot ETF
Bitwise Investment Advisers has surpassed the latest regulatory requirements with NYSE Arca and the SEC for its proposed NEAR Spot Protocol ETF (Ticker: NRR).
Product structure:
- Staking of 100% of NEAR holdings
- Coinbase Custody for digital assets
- BNY Mellon for cash administration
- Management fee: 0.75% per year
- 67% of staking rewards go to the trust; 33% for expenses
Approval of the listing on NYSE Arca and the SEC registration go-live mark the expansion of altcoin and Layer-1 ETFs.
NEAR open interest reached new highs over several months, signaling repositioning ahead of the listing.
What this means: traditional financial advisors and pension funds can now access the NEAR ecosystem without complex on-chain key management.
$NEAR $BTC $ETH
#StrategyStriveAdd2305BitcoinThisWeek #BitwiseBitcoinETF #Near #crypto
Bitwise Investment Advisers has surpassed the latest regulatory requirements with NYSE Arca and the SEC for its proposed NEAR Spot Protocol ETF (Ticker: NRR).
Product structure:
- Staking of 100% of NEAR holdings
- Coinbase Custody for digital assets
- BNY Mellon for cash administration
- Management fee: 0.75% per year
- 67% of staking rewards go to the trust; 33% for expenses
Approval of the listing on NYSE Arca and the SEC registration go-live mark the expansion of altcoin and Layer-1 ETFs.
NEAR open interest reached new highs over several months, signaling repositioning ahead of the listing.
What this means: traditional financial advisors and pension funds can now access the NEAR ecosystem without complex on-chain key management.
$NEAR $BTC $ETH
#StrategyStriveAdd2305BitcoinThisWeek #BitwiseBitcoinETF #Near #crypto
