Bitwise applies to launch NEAR Spot ETF, intending to list in the US through S-1 sign up.

Wu learned that Bitwise submitted an S-1 filing to the SEC to launch the Bitwise NEAR ETF, which aims to track the value of NEAR held by the trust, after deducting operating expenses and liabilities. The product will calculate its net asset value based on the NEAR price benchmark provided by CF Benchmarks and plans to be listed on the exchange, with the specific code to be determined.