Confusion Surrounds Unconfirmed Bitwise NEAR ETF Registration

A rumored Bitwise NEAR ETF registration in Delaware remains unconfirmed as of April 25, 2025.

This unverified event has not led to significant market reactions, reflecting the need for official confirmation to gauge true impact.

Unverified Bitwise NEAR ETF Creates Buzz Without Impact

Rumors have emerged about a Bitwise NEAR ETF registered in Delaware. Despite these claims, official sources, including Bitwise and NEAR Protocol, haven’t confirmed any registration. Regulatory bodies also lack entries or announcements substantiating such a move.

The implications of these rumors could involve renewed interest in NEAR; yet absent confirmation, market dynamics are largely unchanged. NEAR’s price remains consistent with broader market trends, signaling skepticism without official validation.

“In the cryptocurrency sector, unsubstantiated rumors often lack the power to significantly affect market prices without corroborative announcements,” remarked an expert from Coincu.

Historical Speculation Fails to Move NEAR Price

Did you know? Speculation driven by unverified ETF announcements has historically been inadequate in altering cryptocurrency prices significantly without official endorsement or updates.

NEAR Protocol’s valuation stands at $2.60, with a market cap of $3,137,293,213 USD and market dominance at 0.11%. NEAR has seen variable price movements, with a 24-hour increase of 6.43% but declines over longer periods, such as 47.20% over 90 days (CoinMarketCap).

Experts from Coincu highlight the need for verifiable confirmations from primary entities before predicting any market behavior shifts or regulatory repercussions. Recent market activities underscore a cautious approach pending any official disclosures.