Bitwise Asset Management has officially submitted a Form S-1 registration statement to the US Securities and Exchange Commission (SEC) to launch the Bitwise NEAR exchange-traded fund (ETF).
This follows Bitwise’s earlier action on April 24, 2025, when the firm registered a trust entity for the Bitwise NEAR ETF in Delaware, making the S-1 a natural next step in the process.
The ETF is designed to track the value of NEAR, the native token of the NEAR Protocol, a layer-1 blockchain focused on scalability and decentralized applications.
The filing did not specify the exchange on which the ETF will be listed or its ticker symbol. Coinbase Custody Trust Company, LLC will act as the custodian, responsible for safeguarding the Trust’s NEAR, managing its NEAR account, and facilitating necessary NEAR transfers.
