According to reports from Wu, Bitwise has submitted an S-1 filing to the U.S. Securities and Exchange Commission, planning to launch the Bitwise NEAR ETF. This ETF will track the value of NEAR held in trust, minus operational expenses and liabilities. The product's net asset value will be calculated based on NEAR price benchmarks provided by CF Benchmarks, and it is planned to be listed on an exchange, with the specific code to be determined.

#SEC #ETF