Bitwise has registered shares of its proposed spot NEAR ETF through a September 24 Form 8-A after NYSE Arca approved its listing application, advancing the fund toward a potential launch under ticker NRR. The exchange-level approval does not constitute SEC approval or disapproval of the securities, and the trust has not announced its first trading date; shares would list subject to a notice of issuance. The fund would charge a 0.75% annual management fee, intends to stake all NEAR held under normal conditions, and would retain staking rewards after expenses consume 33% of additional NEAR generated. Coinbase Custody would safeguard the tokens. Bitwise Investment Manager is expected to purchase a 20,000-share, $500,000 seed basket to acquire NEAR at or before listing. NEAR traded near $5 after the news, following a sharp daily gain.