Grayscale’s NEAR ETF: A Financial Fiasco or a Lucrative Gamble?
Grayscale Investments, that stalwart of crypto conservatism, has filed a Form S-1 with the U.S. Securities and Exchange Commission to repackage the Grayscale Near Trust into a spot exchange-traded fund, the company announced. The filing represents another step in the firm’s effort to transition legacy crypto trusts into regulated, retail-accessible products-though one might argue it’s less a revolution and more a rebranding of the same old schemes.

