Bitwise Launches First US Spot Near ETF After Token Nearly Triples Since August

Bitwise's NRR began trading on NYSE Arca Tuesday, giving brokerage accounts NEAR exposure and staking rewards as the AI-focused token soars.

• Bitwise has launched the first US spot Near ETF (NRR) on NYSE Arca, allowing investors to gain exposure to the AI-focused Near blockchain token through traditional brokerage accounts.
• The ETF charges a 0.75% annual fee and holds actual Near tokens, offering staking rewards of approximately 5% which accrue to shareholders, though risks like slashing and potential loss of capital are disclosed.
• The launch coincides with Near's recent price surge, driven by its AI focus and upgrades, despite still being significantly down from its all-time high.

Topics: Asset types, Infrastructure providers, Scalability, Alternative assets, Tokenization platforms, Institutional capital inflows

Tags: #bitwise #nearprotocol #nearetf #ai #staking #blockchain #layer1 #etf #nysearca #crypto

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Hashdex Bitcoin ETF liquidation starts Aug. 18

Hashdex Bitcoin ETF holders have until Aug. 17 to sell before liquidation starts; payout dates remain unsettled in Hashdex's filings.

• Hashdex is liquidating its approximately $14.7 million Bitcoin ETF, with investors needing to sell by August 17th before liquidation begins on August 18th.
• The official payout date for investors remains unsettled, with conflicting dates of August 24th or August 28th mentioned in filings.
• The ETF's closure is attributed to cost pressures, as operating expenses became unreasonable relative to its declining net asset value.

Topics: Asset types, Institutional adoption, Public market, Financial instruments, Asset manager initiatives, Stock equity tokenization

Tags: #hashdexbitcoinetf #liquidation #bitcoinetf #investorpayout #etfclosure #spotbitcoinetf #assetmanagement #nysearca #secfilings

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Morgan Stanley Adds Staking to Ethereum and Solana ETFs

The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust are designed to give investors spot exposure through ordinary brokerage […] The post Morgan Stanley Adds Staking to Ethereum and Solana ETFs appeared first on Coindoo.

• Morgan Stanley is expanding its digital asset offerings by introducing Ethereum and Solana trusts that include staking rewards, aiming to provide investors with regulated exposure and potential on-chain income.
• These new trusts, MSSE and MSOL, will trade on NYSE Arca and are designed to offer spot exposure to Ether and Solana through traditional brokerage accounts, differentiating them from passive Bitcoin funds.
• While the trusts aim to generate staking rewards, they do not promise fixed yields and are subject to network conditions, potential validator issues, and regulatory considerations, with a 0.14% annual sponsor fee.

Topics: Asset types, Institutional adoption, Yield performance, Financial instruments, Asset manager initiatives, Staking defi yield

Tags: #morganstanley #ethereum #solana #etfs #stakingrewards #brokerageaccounts #nysearca #digitalassets #coinbasecustody #bn

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T Rowe Price set to launch active crypto ETF $TKNZ on NYSE Arca

• T Rowe Price is launching its active cryptocurrency ETF, $TKNZ, on NYSE Arca, offering exposure to multiple digital assets like BTC, ETH, and SOL.
• The ETF's SEC approval and imminent release signify growing institutional interest in the U.S. digital asset market.
• Market sentiment appears cautiously optimistic, with some prediction markets showing increased support for Ethereum reaching higher price targets by the end of 2026.

Topics: Institutional adoption, Public market access, Asset types, Asset manager initiatives, Bitcoin etf, Equity

Tags: #troweprice #tknz #cryptoetf #nysearca #ethereum #bitcoin #digitalassets #institutionaladoption #secapproval

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Morgan Stanley Ethereum Trust files amended S-1/A with SEC, includes staking provisions

• Morgan Stanley has filed an amended S-1/A with the SEC for its Ethereum Trust, detailing its operational plans and inclusion of ether staking provisions.
• The trust aims to track the CoinDesk Ether Benchmark rate and will reflect staking rewards in its net asset value, operating as a passive investment vehicle.
• This filing is part of Morgan Stanley's broader strategy to offer regulated digital asset products, including trusts for Bitcoin and Solana, with shares expected to list on NYSE Arca.

Topics: Asset types, Institutional adoption, Blockchain usage, Alternative assets, Asset manager initiatives, Ethereum evm l 1 s

Tags: #morganstanley #ethereumtrust #secfiling #staking #nysearca #coindesketherbenchmark #digitalassetproducts #ethercustodians #passivevehicle #bitcointrust

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