比特向SEC提交S-1註冊，以在ETF附近推出一個位置$

這項事件代表了加密貨幣投資工具的發展。它將允許傳統的，由SEC監管的投資基金獲得附近的暴露，而無需複雜

Premier digital asset management firm Bitwise has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a purpose-built exchange traded fund (ETF) that would offer direct exposure to $NEAR, the native token of the NEAR Protocol.

Premier Digital Asset Management公司BITWISE已向美國證券交易委員會（SEC）提交了S-1登記，該公司將為專門建造的交易所交易基金（ETF）提供，該基金將直接接觸$ near $ near，這是該協議的原始代幣。

This filing is a significant step in the development of cryptocurrency investment vehicles. It would enable traditional, SEC-regulated investment funds to gain exposure to NEAR without the complexities (and fund accountant hair-pulling) that come with directly holding or managing the cryptocurrency.

該文件是加密貨幣投資工具開發的重要一步。這將使傳統的，由SEC監管的投資基金能夠接近接近，而無需直接持有或管理加密貨幣的複雜性（和資助會計師的頭髮）。

If approved, this ETF could signal an opening of the floodgates for more institutional capital to enter the crypto space, a phenomenon many of us in the Bitcoin space like to call the “next bull run.”

如果獲得批准，該ETF可能會向閘門開放，以使更多的機構資本進入加密貨幣空間，這是我們許多人在比特幣領域中的現象，喜歡稱其為“下一個公牛奔跑”。

For years, the world of decentralized finance (DeFi) and blockchain technology has been interested in decentralized finance and blockchain technology, but direct participation in these markets has proven very challenging for the mainstream investment world. Investors have expressed interest in participating directly in these markets, but directly purchasing, holding, and securing cryptocurrencies has thwarted participation in what many believe to be a world of huge growth potential. Bitwise makes ETFs, and this one is designed to work with an investment in NEAR and then is directly backed with a purchase of NEAR NFTs.

多年來，分散的金融（DEFI）和區塊鏈技術的世界一直對分散的金融和區塊鏈技術感興趣，但是直接參與這些市場對主流投資界來說非常具有挑戰性。投資者表示有興趣直接參與這些市場，但是直接購買，持有和確保加密貨幣的購買，挫敗了許多人認為這是具有巨大增長潛力的世界。 Bitwise製作ETF，該ETF的設計旨在在附近進行投資，然後直接購買近NFTS。

Institutional Access and the Future of Crypto ETFs

機構訪問和加密ETF的未來

This filing is part of a broader trend in the crypto space, where both institutional and retail investors are increasingly demanding traditional financial products to interact with digital assets.

機構訪問和加密ETF的未來，此文件是加密貨幣領域更廣泛趨勢的一部分，在該領域，機構和零售投資者越來越多地要求傳統的金融產品與數字資產進行交互。

ETFs are a familiar product in traditional markets, offering exposure to various asset classes or, in an ETF’s case, a basket of assets with ease of access. They have become a hotly requested tool for investors in the digital asset world due to the promise to deliver exposure to the actual asset, or, in a tokenized funds case, the actual tokens. A spot ETF is attractive because it tracks the actual price of the underlying asset—in this case, the $NEAR token itself—without relying on futures contracts or other derivative products.

ETF是傳統市場中熟悉的產品，可提供各種資產類別，或者在ETF的情況下，可以輕鬆獲得一籃子資產。由於承諾向實際資產提供曝光率，或者在令牌化基金案例中，它們已成為數字資產世界中投資者的熱要求工具。現貨ETF很有吸引力，因為它跟踪基本資產的實際價格（在這種情況下為$ nake notken本身），而不依賴期貨合約或其他衍生產品。

Special attention should be given to the prospect of what a $NEAR spot ETF would actually do.

應該特別注意近距離ETF實際上會做什麼的前景。

If the SEC gives the green light to Bitwise’s filing, it will be a huge moment for the NEAR Protocol. It will put the relatively nascent blockchain project in the same company as some of the other big names in the space, like Solana and XRP, which are also in the race to offer access to institutional investors through ETF products.

如果SEC將綠燈送給了Bitwise的文件，那麼對於近協議來說，這將是一個重要的時刻。這將使相對新生的區塊鏈項目與Solana和XRP這樣的其他大牌公司與其他一些知名人士一起成為同一公司，這些項目也在競賽中，可以通過ETF產品提供機構投資者的訪問權限。

An approval of a spot ETF for NEAR specifically could have huge implications for the token’s adoption and liquidity. It could also open up possibilities for other types of crypto ETFs to come to market, expanding investment options even further.

批准ETF的近乎近距離的批准可能會對令牌的採用和流動性產生巨大影響。它還可以為其他類型的加密ETF上市開闢可能性，從而進一步擴大投資選擇。

In addition, a NEAR ETF would probably lure in many more retail investors because it would permit them to obtain exposure to the blockchain sector through good old-fashioned brokerage accounts. In this way, an ETF could serve as an entry point to something resembling a near-infinite variety of potential investments built on the NEAR platform.

此外，近乎ETF可能會吸引更多的零售投資者，因為它可以通過良好的老式經紀帳戶獲得對區塊鏈行業的接觸。通過這種方式，ETF可以作為類似於近平台建立的近乎無限潛在投資的部分入口處。

And, because the assets held within the ETF would need to be liquid enough for operators to make the sorts of trades that keep an ETF operating smoothly, it seems likely that demand for $NEAR itself would increase if the NEAR ETF succeeds. So, more retail and institutional investors exchanging $NEAR on various crypto trading platforms would seem to be the most direct pathway to a future in which the NEAR protocol has a much larger market cap and a broader base of support.

而且，由於ETF中持有的資產需要足夠液體才能使運營商進行使ETF順利運行的各種交易，因此，如果近乎ETF成功，對$附近的需求似乎會增加。因此，在各種加密交易平台上交換$的零售和機構投資者似乎是通往未來的最直接途徑，即近協議具有更大的市值和更廣泛的支持基礎。

🚨 Bitwise has filed an S-1 with the SEC to launch a spot $NEAR ETF!

🚨BITWISE已向SEC提交了S-1，以在ETF附近推出了一個位置$！

This move aims to provide investors with direct exposure to @NEARProtocol's native token through a regulated exchange traded fund, without the need to hold the cryptocurrency

此舉旨在通過受監管的交易基金直接向投資者提供 @近近索爾的本地代幣，而無需持有加密貨幣

Why This Matters?

為什麼這很重要？

Institutional…

機構…

This move by @BitwiseInvest is to apply for approval to launch a spot $NEAR ETF, providing investors with direct exposure to the token through a regulated exchange traded fund. The $NEAR tokens will be held at Coinbase Custody Trust Company. This signals a significant step in the development of cryptocurrency investment vehicles.

@BitwiseVest的這一舉動是申請批准，以在ETF附近推出一個售價$，從而通過受管制的交易基金向投資者直接接觸令牌。 $附近的代幣將在Coinbase Cancody Trust Company舉行。這標誌著加密貨幣投資工具的開發邁出了重要一步。

"The preferred measure of the performance of the Fund will be the CF NEAR<>Dollar Settlement Price, which is a standard that has been created to offer as clear and accurate a measure of the price of NEAR in U.S. dollar terms as is possible, given the current state of the art in relevant technologies and the present and anticipated operating and administrative practices in relevant sectors of the economy. The intent of this standard is to provide a measure of the price of NEAR that is reliable, transparent, and consistent with prevailing market conventions in the United States for the pricing of major financial instruments and is useful for the purposes for which it is intended, taking into account the technical and economic characteristics of the products and processes involved. The standard is designed to be responsive to changes in technology and administrative practice and to promote broad participation in the standard."

“基金績效的首選衡量標準將是CF接近<>美元的結算價格，這是一種標準，它是為了清晰而準確的量度，鑑於相關技術的當前藝術以及相關技術的現行狀態以及當前和預期的經濟範圍，該標準的價格是近乎經濟的，並且提供了近乎經濟的範圍。與美國的主要金融工具定價的主要市場慣例一致，並考慮到所涉及的產品和流程的技術和經濟特徵，對涉及技術和行為的技術特徵的目的是有用的。

The preferred measure of the performance of the Fund will be the CF NEAR<>Dollar Settlement Price, which is a standard created to offer as clear and accurate

基金績效的首選措施將是CF接近<>美元的結算價格，這是一個標準，旨在提供清晰準確的標準