Internet reports that digital asset management company Bitwise has submitted a listing application for the spot NEAR ETF with the U.S. Securities and Exchange Commission, adding a new member to the growing number of altcoins currently competing for regulatory approval. Bitwise Near Bitwise's registration statement on May 6 showed that the ETF will track the price trend of NEAR tokens through traditional brokers and deduct fees. Bitwise appointed Coinbase Custody as the custodian of the Bitwise NEAR ETF. The management fee, ticker symbol and listing exchange for the Bitwise NEAR ETF have not yet been determined.