BitWise is submitting to Near-ETF at the SEC-a new step in the crypto investment landscape

BitWise is submitting to Near-ETF at the SEC-a new step in the crypto investment landscape
BitWise requested Near-ETF from the Sec
The asset manager Bitwise has submitted an application for a near-ETF (Exchange Traded Fund) in the US stock exchange supervision SEC. This step marks a significant development in the world of cryptocurrency investments. It was only at the end of April that Bitwise had started the process in the US state.
The Near ETF would enable investors to invest in the near-blockchain and their native cryptocurrency, Near, without having to buy the currencies directly. Such ETFs are an attractive option for many investors because they offer a simpler and regulated way to invest in digital assets.
The submission of the application shows the growing interest in the new generation of cryptocurrencies and the willingness of institutional investors to deal more intensively with these innovative financial instruments. It remains to be seen whether and when the SEC will be granted to the application, but BitWise's step could be considered a signal for a broader acceptance of cryptocurrency ETFs in the USA.