Bitwise has filed a listing application for the spot NEAR ETF with the US SEC

Digital asset management firm Bitwise has filed a listing application with the Securities Exchange Commission for the spot NEAR ETF, adding a new addition to the growing list of altcoins currently vying for regulatory approval.
The ETF will track the price movement of NEAR tokens through traditional brokers and deduct fees, according to a registration statement from Bitwise Near Bitwise on May 6. Bitwise has appointed Coinbase Custody as the custodian of the Bitwise NEAR ETF. The management fee, ticker and listing exchange for the Bitwise NEAR ETF have not yet been determined.