Grayscale NEAR Trust product makes significant progress. It is reported that Grayscale Near Trust has filed an S-1 registration statement with the U.S. Securities and Exchange Commission. What does this mean? The next step is to transfer the current shares traded on the OTCQB market (trading code GSNR) to be listed on NYSE Arca. After completing this process, the product will officially be renamed Grayscale Near Trust ETF.



This is a positive signal for the NEAR ecosystem and institutional investors. Listing on mainstream exchanges through compliant channels can more easily attract institutional funds, and it also indicates that U.S. regulators are increasingly recognizing this type of digital asset trust product. From OTCQB to NYSE Arca, from trust to ETF, this reflects the gradual standardization and mainstream adoption of crypto asset financial products.
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HashRateHustlervip
· 6h ago
NEAR is about to be listed on a mainstream exchange again. Is this really the breakout moment? --- Wait, from OTC to NYSE Arca, Grayscale is serious about this. --- Institutional funds are entering, small investors might get cut again haha. --- We've been talking about compliance for so long, and now we're finally seeing real actions. --- NEAR's fundamentals haven't changed, but it has indeed opened up new financing imagination space. --- Why does it feel like every altcoin wants to play this "compliance + mainstream" narrative? --- Has s-1 been submitted? How long will approval take... these processes are the most torturous. --- Honestly, this doesn't directly help ecosystem development much; mainly it just makes it easier for institutions to enter. --- Switching from GSNR to a proper ETF, it's definitely more formal. --- Grayscale again, compliance again... when will we see real applications gaining volume?
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GasWaster69vip
· 6h ago
NEAR is finally going to be listed on the NYSE, now institutions can legitimately start accumulating at the bottom.
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FloorPriceWatchervip
· 6h ago
NEAR is about to take off. Grayscale couldn't manage Ethereum spot, so they are targeting NEAR. Listing on NYSE Arca is a clear signal that institutional funds are entering the market.
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StakeTillRetirevip
· 6h ago
Grayscale is doing the same thing again, from OTC small players to NYSE, this is the rhythm of officially entering the market.
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ContractSurrendervip
· 6h ago
NEAR is about to take off, Grayscale's move this time is really impressive.
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