Bitwise has filed to establish a NEAR-tracking ETF as a Delaware trust company, marking the initial step toward launching the product. CEO Hunter Horsley confirmed the filing to The Block. Bitwise previously filed for other ETFs like Dogecoin, Aptos, and XRP. This move comes as the SEC, under President Donald Trump, adopts a more crypto-friendly stance, having approved spot Bitcoin and Ethereum ETFs earlier. NEAR currently ranks 43rd by market cap and trades around $2.60.