🚨 $NEAR.ETF UPDATE! 👀
Bitwise’s proposed $NEAR ETF cleared two major steps on September 24. NYSE Arca approved the listing application, while the SEC registration became effective. 📈
The proposed fund would hold and stake $NEAR, meaning that once launched, new investor demand could translate into purchases of the token. 🔥
However, the ETF has not yet demonstrated real market inflows. The final prospectus still describes the listing as anticipated, with just $200 in seed shares and a planned $500,000 initial basket.
🚀 The next key step is the actual launch and potential investor demand.
#NEAR #NEARETF #Bitwise #CryptoETF #BinanceSquare
Bitwise’s proposed $NEAR ETF cleared two major steps on September 24. NYSE Arca approved the listing application, while the SEC registration became effective. 📈
The proposed fund would hold and stake $NEAR, meaning that once launched, new investor demand could translate into purchases of the token. 🔥
However, the ETF has not yet demonstrated real market inflows. The final prospectus still describes the listing as anticipated, with just $200 in seed shares and a planned $500,000 initial basket.
🚀 The next key step is the actual launch and potential investor demand.
#NEAR #NEARETF #Bitwise #CryptoETF #BinanceSquare
