比特向SEC提交S-1注册，以在ETF附近推出一个位置$

这项事件代表了加密货币投资工具的发展。它将允许传统的，由SEC监管的投资基金获得附近的暴露，而无需复杂

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已向美国证券交易委员会（SEC）提交了S-1登记，该公司将为专门建造的交易所交易基金（ETF）提供，该基金将直接接触$ near $ near，这是该协议的原始代币。

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.

该文件是加密货币投资工具开发的重要一步。这将使传统的，由SEC监管的投资基金能够接近接近，而无需直接持有或管理加密货币的复杂性（和资助会计师的头发）。

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.”

如果获得批准，该ETF可能会向闸门开放，以使更多的机构资本进入加密货币空间，这是我们许多人在比特币领域中的现象，喜欢称其为“下一个公牛奔跑”。

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.

多年来，分散的金融（DEFI）和区块链技术的世界一直对分散的金融和区块链技术感兴趣，但是直接参与这些市场对主流投资界来说非常具有挑战性。投资者表示有兴趣直接参与这些市场，但是直接购买，持有和确保加密货币的购买，挫败了许多人认为这是具有巨大增长潜力的世界。 Bitwise制作ETF，该ETF的设计旨在在附近进行投资，然后直接购买近NFTS。

Institutional Access and the Future of Crypto ETFs

机构访问和加密ETF的未来

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.

机构访问和加密ETF的未来，此文件是加密货币领域更广泛趋势的一部分，在该领域，机构和零售投资者越来越多地要求传统的金融产品与数字资产进行交互。

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是传统市场中熟悉的产品，可提供各种资产类别，或者在ETF的情况下，可以轻松获得一篮子资产。由于承诺向实际资产提供曝光率，或者在令牌化基金案例中，它们已成为数字资产世界中投资者的热要求工具。现货ETF很有吸引力，因为它跟踪基本资产的实际价格（在这种情况下为$ nake notken本身），而不依赖期货合约或其他衍生产品。

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

应该特别注意近距离ETF实际上会做什么的前景。

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将绿灯送给了Bitwise的文件，那么对于近协议来说，这将是一个重要的时刻。这将使相对新生的区块链项目与Solana和XRP这样的其他大牌公司与其他一些知名人士一起成为同一公司，这些项目也在竞赛中，可以通过ETF产品提供机构投资者的访问权限。

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的近乎近距离的批准可能会对令牌的采用和流动性产生巨大影响。它还可以为其他类型的加密ETF上市开辟可能性，从而进一步扩大投资选择。

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可能会吸引更多的零售投资者，因为它可以通过良好的老式经纪帐户获得对区块链行业的接触。通过这种方式，ETF可以作为类似于近平台建立的近乎无限潜在投资的部分入口处。

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，由于ETF中持有的资产需要足够液体才能使运营商进行使ETF顺利运行的各种交易，因此，如果近乎ETF成功，对$附近的需求似乎会增加。因此，在各种加密交易平台上交换$的零售和机构投资者似乎是通往未来的最直接途径，即近协议具有更大的市值和更广泛的支持基础。

🚨 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附近推出了一个位置$！

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

此举旨在通过受监管的交易基金直接向投资者提供 @近近索尔的本地代币，而无需持有加密货币

Why This Matters?

为什么这很重要？

Institutional…

机构…

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的这一举动是申请批准，以在ETF附近推出一个售价$，从而通过受管制的交易基金向投资者直接接触令牌。 $附近的代币将在Coinbase Cancody Trust Company举行。这标志着加密货币投资工具的开发迈出了重要一步。

"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."

“基金绩效的首选衡量标准将是CF接近<>美元的结算价格，这是一种标准，它是为了清晰而准确的量度，鉴于相关技术的当前艺术以及相关技术的现行状态以及当前和预期的经济范围，该标准的价格是近乎经济的，并且提供了近乎经济的范围。与美国的主要金融工具定价的主要市场惯例一致，并考虑到所涉及的产品和流程的技术和经济特征，对涉及技术和行为的技术特征的目的是有用的。

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

基金绩效的首选措施将是CF接近<>美元的结算价格，这是一个标准，旨在提供清晰准确的标准