Grayscale, a crucial step in converting Near Trust into an ETF

LiquidationWizard · 2026-01-30T11:11:20+00:00

Grayscale is pursuing new initiatives to grow its cryptocurrency asset trust, aiming to convert the Grayscale Near Trust into an ETF by filing an S-1 application with the SEC. This move could provide new investment opportunities for institutional and retail investors.

LiquidationWizard

2026-01-30 11:11:20

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Grayscale is undertaking new initiatives to further grow its digital asset trust holdings. The company has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), revealing plans to convert the Grayscale Nia Trust into an ETF. This move could provide new investment options for both institutional and individual investors.

Current Trading Status and Background of the Application

The shares of the Nia Trust managed by Grayscale are currently traded on the OTCQB market under the ticker symbol “GSNR.” The company’s new ETF application aims to expand access to more investors and improve trading convenience. Once the registration statement is approved following SEC review, the nature of the trust could change significantly.

Considering Listing on NYSE Arca

If approved, Grayscale Nia Trust plans to list on NYSE Arca and intends to maintain the same ticker symbol “GSNR.” This would enable trading in a more liquid market environment, providing investors with greater transparency and convenience.

Grayscale’s efforts are attracting attention as an important example of the development of the digital asset market and opening doors for institutional investors.

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