S-1 filing <\/a>submitted on June 12, Grayscale updated its earlier registration statement. The revision follows the trust\u2019s original filing submitted in January. The latest version includes SEC Registration No. 333-292834, which did not appear in the previous filing. The amendment also contains compliance-related updates and additional disclosures. Grayscale continues seeking approval for a spot ETF tied to NEAR.<\/p>\nThe filing introduces changes to the fund\u2019s custody structure. Earlier documents listed Coinbase Custody Trust Company as the sole custodian. The amended filing names BitGo Bank & Trust N.A. as the primary custodian. Coinbase Custody will continue serving as an additional custodian. The revised structure expands the ETF\u2019s custody arrangements while preserving Coinbase\u2019s role.<\/p>\n
The asset manager also revised language related to staking activities. The filing states that the trust may only provide staking-related exposure if U.S. law permits it. Grayscale confirmed that the trust, sponsor, and custodians do not currently stake NEAR tokens. The amendment provides clearer language regarding staking restrictions. Those disclosures form part of the updated registration package.<\/p>\n
<\/p>\n
Filing updates NEAR ecosystem data<\/h2>\n
The amended filing also updates information about the NEAR Protocol network. According to the document, circulating supply reached 1.3 billion NEAR tokens as of March 31, 2026. The filing states that NEAR\u2019s market capitalization stood at approximately $1.5 billion. It also reported a decline in the token\u2019s market ranking. NEAR moved from 39th place to 43rd place during the period covered.<\/p>\n
Grayscale also expanded legal and administrative disclosures within the filing. The amendment adds Davis Polk & Wardwell LLP attorney Dylan H. Lojac as legal counsel. The document includes formatting changes tied to regulatory compliance requirements. It also addresses a new checkbox related to emerging growth company elections. Those revisions accompany the broader registration update.<\/p>\n
<\/p>\n
SpaceX IPO boosts attention on AI-linked crypto assets<\/h2>\n
The filing emerged as artificial intelligence-related crypto narratives regained market attention. Market participants have linked part of that renewed interest to SpaceX\u2019s recent public listing. The aerospace company entered public markets with a valuation of about $1.77 trillion. The listing increased attention toward advanced technology themes across financial markets. AI-focused digital assets have received part of that attention.<\/p>\n
NEAR has continued promoting infrastructure focused on decentralized artificial intelligence applications. The network has also developed tools for autonomous agent systems and related services. Those initiatives have placed the project among blockchain networks targeting AI use cases. Grayscale\u2019s amended filing arrived as those themes gained renewed visibility. The updated registration statement now awaits further regulatory review.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Grayscale Investments has filed an amended registration statement for its proposed spot NEAR ETF. Summary Grayscale amended its spot NEAR ETF filing and added SEC Registration No. 333-292834. BitGo replaced…<\/p>\n","protected":false},"author":1,"featured_media":31816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/31815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=31815"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/31815\/revisions"}],"predecessor-version":[{"id":31817,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/31815\/revisions\/31817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31816"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=31815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=31815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=31815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}