【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.
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MetaverseVagrant
· 14h ago
Another compliant track, Grayscale's move is very steady
Grayscale is really quick, is NEAR about to take off?
If the SEC approves this, it will be interesting, signaling institutional entry
Compliance is one thing, but it still depends on whether it can truly attract large funds
NEAR's current popularity is indeed rising, let's see how long it can last
It's quite attractive, if the ETF is approved, liquidity will definitely improve a lot
Waiting for approval, this is just the beginning, there are still a lot of things to come
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NFTArchaeologis
· 14h ago
Seeing the emergence of this type of financial product is actually like a museum starting to collect artifacts from a certain era—indicating that it is now worthy of being officially documented. Grayscale's move is less about being optimistic about NEAR and more about endorsing the historical significance of this chain. It's just that the SEC's stance depends on their mood.
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ResearchChadButBroke
· 14h ago
Grayscale is causing trouble again. Is NEAR about to take off?
By the way, can the SEC approve it quickly? I can't wait to get on board.
The code GSNR sounds very official... institutions are really coming in.
When the ETF appeared, it felt like the risk was a bit lower, but it also wasn't as exciting.
NEAR has to be really hot for Grayscale to pay so much attention. It’s truly different.
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BoredStaker
· 14h ago
NEAR is really here this time, Grayscale's move is truly different
If the SEC really approves this, it will be a big deal, and the institutional entry pace will clearly accelerate
Wait, where is the GSNR code? It still feels like a dream
Compliance is compliance, but can this really outperform spot?
Honestly, as long as institutions recognize it, the underlying asset has potential
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governance_ghost
· 14h ago
Grayscale really has a nose for it, NEAR can still play like this?
Let's wait for SEC approval first, it's too early to boast now.
Institutional entry shows confidence, GSNR's code is off to a good start.
The NEAR ecosystem is finally starting to have some institutional flair.
Regulated products are indeed more attractive to big funds, this move is well played.
But it still depends on how the SEC ultimately rules; crypto is still full of uncertainties.
The question is, can this public chain NEAR really support itself? A good product alone isn't enough.
Grayscale is again making a profit from arbitrage, what about management fees?
It seems that NEAR being viewed positively is already a consensus, just missing that final push.
The compliance process is accelerating, crypto is indeed maturing.
Betting that the ETF will pass, not betting that NEAR itself will rise.
Institutional products ≠ price increase, don't overthink it.
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MysteriousZhang
· 14h ago
Grayscale's move is really clever, but honestly, whether GSNR can pass the SEC hurdle is still a question mark.
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Spot ETF is coming again? The signal of institutional entry is so obvious, let's see what tricks can be played next.
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The heating up of the NEAR ecosystem is a fact, but I'm just worried it might be another roller coaster.
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Just search for the code GSNR, it seems Grayscale still has some confidence in NEAR.
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The compliance channel has opened, retail investors can also participate, but watch out for institutions cutting the leeks.
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Looking at Grayscale's actions, mainstream capital is indeed recognizing NEAR. The question is, when will the SEC give the nod?
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Don't get excited before the ETF launches; there are too many lessons from history.
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Institutional-grade compliant products = more institutional entry? Or just another tool for cutting the leeks?
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FOMOrektGuy
· 14h ago
Grayscale is taking action again, and NEAR this time has some momentum
If the SEC approves, institutional funds might really start flowing in
GSNR this code feels like it's coming soon
The spot ETF is paving the way, but I'm worried it might be just a flash in the pan
But to be fair, NEAR has had a decent increase in the past few months, and there are probably quite a few who are optimistic about its ecosystem
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.