The Digital Asset Manager Bitwise has submitted a spot near Exchange Traded Fund on the US Securities and Exchange Commission and expanded a growing list of old coins that currently compete with the approval of regulatory approval.
The bitterly (close) ETF will pursue the value movements of the near -near tok.
Bitgewise -Coinbase -Isorge right as a suggested administrator of the Bitgewise near ETF. The administration fee, the tickers and the stock exchange mustn’t yet be listed.
Source: cointelegraph
A 19b-4 submission must even be submitted to the SEC with a view to start the regulatory authority's approval process for the fund. Crypto's native asset manager stated that he would register such a registration if he entered a trust related to the near ETF in Delaware on April 28.
Nearby is a bunch of spot crypto -ETFS on the desk of the Sec
The Sec Now Now Has at Least a Dozen Spot Crypto Etfs to Review in 2025, Including Applications for Litecoin (LTC), Dogecoin (Doge), Solana (Sol), XRP (XRP), Cardano (Ada), Hedera (Hbar), Polkadot (DOT), Chainlink (Avalanche), Aptos (apt) and sui (sui).
Bitwise has already had applications for a spot dogy, Sol- and XRP -TFS and in addition an approved spot Bitcoin (BTC) and Ether (Eth) ETF, which have been listed within the NYSE -ARCA because the start last 12 months.
In the nearby token, which the shift 1 near Blockchain-is the forty fourth largest cryptocurrency after market capitalization with $ 2.73 billion, as Coingecko data show.
The blockchain was once advertised as an Ethereum killer and is viewed by its supporters as an answer for the “blockchain trilemma” -the challenge of achieving all three critical features of blockchain performance: security, scalability and decentralization.
Due to the nightshade -Sharding, will be carried out near as much as 100,000 transactions per second and are secured by 265 energetic validators, as in the information in nearblocks.io.
The nearby ecosystem modified from decentralized funds to AI infrastructure in 2024 and unveiled plans to construct the world's largest large open source language model.
