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Grayscale Files to Convert NEAR Trust Into Spot ETF


Grayscale Files to Convert NEAR Trust Into Spot ETF

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Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Near Trust into a spot NEAR exchange-traded fund (ETF) listed on the NYSE Arca.

The move is the latest in a continued push by major asset managers to expand the crypto ETF market beyond flagship assets like Bitcoin (BTC) and Ethereum (ETH) into a broader range of altcoins.

Read the article at CryptoPotato

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