You Won’t Believe What Bitwise is Doing with NEAR in Delaware

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So, here we are, folks. Bitwise has just decided to toss a little something into the mix — a filing for the “Bitwise NEAR ETF” via a Delaware trust company. Yeah, Delaware. Because, why not? That’s where all the fun happens, right?

According to some *public records* (because who doesn’t love public records?), this move was officially filed on Thursday. You heard that right. Thursday. Not Monday, not Friday… Thursday. Makes you wonder, doesn’t it? Anyway, Bitwise’s big boss Hunter Horsley (who’s probably wearing a suit while sipping a latte somewhere) confirmed it. What a guy. Real go-getter. This doesn’t quite mean they’ve filed with the U.S. Securities and Exchange Commission (SEC) just yet, but hey, baby steps. It’s a start, I guess.

Now, if you’re wondering, NEAR (which I’m sure you’ve been keeping track of… right?) is currently chilling at number 43 in the crypto rankings, sitting comfortably with a market cap that’s not exactly setting the world on fire. Oh, and it’s trading just above $2.60. Because that’s what everyone’s been waiting for — slightly above $2.60. Big moves, big moves.

This filing is basically Bitwise adding NEAR to its growing list of digital assets it’s eyeing for future ETF magic. It’s like a party, but instead of beer, there’s a bunch of crypto. Sure, why not? They’ve done the same thing with Dogecoin, Aptos, and XRP, so NEAR’s not exactly the first pick, but hey, it’s something.

Some of those products, by the way, have even made it to the SEC registration stage. Like, the Bitwise Dogecoin ETF and the Bitwise Aptos ETF. Pretty impressive, huh? But, honestly, at this point, who knows what’s next? It’s all just a game of digital finance musical chairs.

Anyway, as crypto continues to be the *hot* new thing that people seem to love and hate at the same time, Bitwise is positioning itself at the front of the line. Traditional finance meets digital assets — it’s like peanut butter meeting jelly. Or, more likely, it’s like a weird, awkward first date that might go somewhere or not. Stay tuned.

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2025-04-26 00:48