Grayscale Seeks SEC Approval to Convert NEAR Trust Into Spot ETF

TLDR Grayscale has filed an S-1 registration statement with the SEC to convert its NEAR Trust into a spot ETF. The proposed ETF will be listed on NYSE Arca under the ticker GSNR, pending SEC approval. Grayscale aims to offer a passive product that directly holds NEAR tokens in the ETF. Shares of the ETF [...]

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