Bitwise requests Near ETF from the SEC: milestone for old coins and increasing interest in regulated crypto products

Bitwise requests Near ETF from the SEC: milestone for old coins and increasing interest in regulated crypto products
Bitwise requested Near ETF from the Sec: A milestone for old coins
BITWISE has submitted an application for a Near ETF (Exchange Traded Fund) to the US Securities and Exchange Commission (SEC). This step represents significant progress for old coins and shows the increasing interest in regulated crypto products.
BitWise's approach to establish an ETF reflects the growing demand for alternative cryptocurrencies that go beyond Bitcoin and Ethereum. A successfully approved Near ETF could offer investors the opportunity to invest in the Near cryptocurrency without having to buy them directly.
The approval of such a product by the SEC would be another sign of acceptance of cryptocurrencies in the regulated financial sector and could strengthen trust in investments in old coins. This step could also stimulate other companies to develop similar products, which could lead to a wider market deployment.
In summary, it can be said that Bitwise's application for a Near ETF not only represents a decisive step for the company itself, but also underlines the long -term potential and development of the market for old coin.