Near Protocol coin (NEAR) just had an important news related to ETF. The asset management company Bitwise has registered an ETF fund focused on Near Protocol in Delaware, USA. This is the first step in the ETF approval process, and Bitwise may submit an application to the U.S. Securities and Exchange Commission (SEC) for the approval of this ETF fund.

*Information about Near Protocol ETF:*

- *Fund Name*: Bitwise NEAR ETF

- *Status*: Registered in Delaware

- *Next Step*: Bitwise will submit S-1 and 19b-4 applications to the SEC for ETF fund approval

*Impact on NEAR Price:*

- NEAR price has increased by more than 5% after the news about the ETF registration was announced

- NEAR is currently priced at around $2.60 and is trending upwards

*Note:*

- The SEC has not approved any ETF for Near Protocol

- The approval process may take time and is uncertain

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Additionally, Bitwise has also submitted applications to the SEC for other ETF funds such as Solana, XRP, Dogecoin, and Aptos. XRP and Solana ETFs are said to be the closest to approval as both already have trading markets on CME Group ¹.