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NEAR welcomes spot ETF? Grayscale submits S-1 registration statement to the SEC
【ChainNews】The story of NEAR is heating up again. Grayscale’s move this time is significant—they have directly submitted an S-1 registration statement to the SEC, planning to launch a spot ETF product targeting NEAR assets. This trust product will be listed on NYSE Arca, with the trading code GSNR.
In simple terms, holding NEAR now has an additional option—you can indirectly hold it through this ETF, supporting both NEAR tokens and cash for subscription and redemption. For institutional investors, such compliant products often mean clearer access thresholds and more guaranteed liquidity.
This also reflects a trend: mainstream financial institutions are increasingly recognizing the NEAR public chain ecosystem. When leading exchanges and asset management firms start designing derivative financial products around a specific public chain, it usually indicates that the ecosystem has entered a more mature development stage. Of course, whether it can ultimately be approved still depends on the SEC’s review process.