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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Bitwise has filed with the SEC to launch a spot NEAR ETF, adding another altcoin to the growing list of crypto ETFs seeking regulatory approval. The fund will track NEAR’s price movements, with Coinbase Custody named as the proposed custodian.
- Bitwise's NEAR ETF will track the token's price movements minus expenses, per the SEC filing.
- Coinbase Custody is designated as the proposed custodian for the Bitwise NEAR ETF.
- The filing does not yet specify the ETF's management fee, ticker, or target stock exchange.
📎 Read the original article on cointelegraph.com
Related Tags: Coinbase U.S. Securities and Exchange Commission (SEC)
Other Tags:
BitWise, Crypto,
Coinbase, Coinbase Custody, ETF, NEAR, U.S. Securities and Exchange Commission (SEC)